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$9,630,000
British Columbia,Vernon
For Sale Active
1604 31 Street, Vernon, British Columbia V1T5G8
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Basic Details
Description

Rare multifamily opportunity of scale in Vernon, British Columbia. This well-maintained 49-suite apartment building, situated on a 40, 827 SF lot, offers investors a compelling combination of durable in-place income, meaningful capital upgrades, and a proven path to future revenue growth. Constructed in 1973, the property has benefited from significant ownership investment, including a torch-on roof replacement (2019), a new

hydraulic elevator system with cab control panel (2020), new common area flooring and paint, exterior driveway re-pave and re-line, and a modern IBC on-demand hot water and heating system, materially improving long-term operational efficiency and reliability. (id:62783)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 10386799
  • Price: $9,630,000
  • Year Built: 1973
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 274593
Features & Appliances
Features
  • Heating System: Baseboard heaters
  • Cooling System: Wall unit
  • Parking: Stall
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, British Columbia, Vernon, V1T5G8
  • Street: 31
  • Street Number: 1604
  • Street Suffix: Street
  • Longitude: W120° 43' 41.5''
  • Latitude: N50° 15' 13.3''
Additional Information
  • Water Source:
  • Community Features:
  • Lot Size Dimensions: 0.78
Financial
  • Tax Annual Amount: 38369
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Listing updated: 2026-06-19 17:56:21
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Listing Information
  • List Agent Key: 1929468
  • List Office Key: 274593
  • Modification Timestamp: 2026-05-08T23:35:20Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2026-05-08T23:29:24Z
Powered by REALTOR.ca
Listing updated: 2026-06-19 17:56:21
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