DEVELOPMENT OPPORTUNITY WITH HOLDING INCOME (<1km to Kin Beach) 6699 Scott Road presents a rare opportunity to secure a Multi-Unit Small Scale (MUS) zoned property with strong holding income and future redevelopment potential. The 0.32-acre (1,295 m²) lot supports a range of small-scale multi-unit housing forms. Based on current density guidelines (up to 60 units per hectare), preliminary analysis suggests potential for approximately 6–7 units, subject to City of Vernon approvals. The existing property is fully tenanted and generates strong in-place income, with tenants contributing to utilities, providing a solid holding property while planning development. Located less than 1km to Kin Beach and close to Okanagan Landing amenities. Buyer to verify all financials, tenancy arrangements, zoning, servicing, and development potential. Investor package available upon request. (id:2493)
Data was last updated April 19, 2026 at 11:15 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$385,000
Min list price:
$100,550
Max list price:
$4,600,000
Avg days on market:
498
Min days on market:
4
Max days on market:
498
These statistics are generated based on the current listing's property type
and located in
Bella Vista. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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