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$1,695,000
British Columbia,Vernon
For Sale Active
4702 20 Street, Vernon, British Columbia V1T4E5
  • 6
  • 3
  • 2,746 Sqft
Basic Details
Description

Prime Redevelopment & Investment Opportunity! Discover the exceptional potential of this expansive 0.83-acre property located in one of the area’s most sought-after, high-growth neighborhoods. Zoned MSH (Medium Scale Housing), this property is perfectly positioned for multi-family development, townhomes, row housing, fourplex or sixplex builds (buyer to verify), making it an ideal investment for builders, developers, and long-term strategic investors. The

property currently features a well-maintained 6-bedroom, 3-bathroom home with numerous updates, move-in ready, and generating immediate rental income. Five rooms are presently rented month-to-month, providing a steady cash flow while you navigate planning, design, zoning, and development approvals. An accessory outbuilding offers storage and functionality for contractors, hobbyists, or equipment, and there is ample parking for RVs, boats, and recreational vehicles. This generational investment is set in a walkable, family-friendly area, just minutes to shopping centers, schools, transit routes, parks, and recreation. This redevelopment parcel availability is a rare opportunity to secure a high-value land holding with future appreciation upside. Whether you choose to redevelop now, phase construction, or hold for long-term capital growth, this property delivers extraordinary versatility and lasting value. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 10367263
  • Price: $1,695,000
  • Bedrooms: 6
  • Bathrooms: 3
  • Square Footage: 2,746 Sqft
  • Year Built: 1944
  • Status: Active
  • Property Sub Type: Single Family
  • Roof:
  • Office Key: 284212
Features & Appliances
Features
  • Heating System: Forced air, See remarks
  • Cooling System: Central air conditioning
  • Basement: Partial
  • Fence: Fence
  • Fireplace: Gas, Unknown
  • Parking: Detached Garage, Additional Parking, Oversize
  • Exterior Features: Stucco
  • Flooring: Vinyl, Carpeted
  • Sewer: Municipal sewage system
  • Utilities: Water, Natural Gas, Electricity, Sewer, Cable, Telephone
  • Fireplaces Total: 1
Address Map
  • Location: CA, British Columbia, Vernon, V1T4E5
  • Street: 20
  • Street Number: 4702
  • Street Suffix: Street
  • Longitude: W120° 44' 27.2''
  • Latitude: N50° 16' 47.4''
Additional Information
  • Water Source:
  • Community Features:
  • Lot Features:
  • Lot Size Dimensions: 0.83
  • Stories: 2.0
Financial
  • Tax Annual Amount: 5020.87
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Listing updated: 2026-05-03 18:25:17
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Listing Information
  • List Agent Key: 2197523
  • List Office Key: 284212
  • Modification Timestamp: 2025-11-12T19:41:21Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2025-11-12T19:22:33Z
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Listing updated: 2026-05-03 18:25:18
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