5565 Okanagan Landing Road
Vernon
V1T 7A6
$1,150,000
Single Family
beds: 3
baths: 1.0
1,630 sq. ft.
built: 1964
- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- 10395031
- Bedrooms:
- 3
- Bathrooms:
- 1
- Year Built:
- 1964
- Photos (20)
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Outstanding investment and redevelopment opportunity on approximately 0.55 acres with Medium Scale Housing zoning, offering excellent potential for a 32-unit apartment development (buyer to verify development plans with the City of Vernon).The property includes a well-maintained 3-bedroom home currently rented for $2,600 per month to clean, reliable tenants, providing immediate cash flow while development plans are finalized. This is an ideal holding property for developers and investors looking to generate income throughout the planning process. Strategically located on Okanagan Landing Road, the property is just minutes from Okanagan Lake, schools, parks, shopping, public transit, and downtown Vernon. Positioned within one of Vernon's fastest-growing areas, this site benefits from strong demand for higher-density housing and excellent access to amenities. Whether you're an experienced developer or an investor seeking a high-potential land holding, this property offers an exceptional opportunity to secure a Medium Scale Housing development site with existing rental income in a highly desirable location. (id:2493)
- Property Type:
- Single Family
- Common Interest:
- Freehold
- Property Attached:
- No
- Total Living Area:
- 1,630 sq. ft.
- Taxes:
- $3,749.96 / -
- Community:
- Okanagan Landing
- Structure Type:
- House
- Home Style:
- Bungalow
- Bedrooms:
- 3
- Bathrooms:
- 1.0
- Half Bathrooms:
- 0
- Fireplace:
- No
- Heating:
- Forced air
- # Storeys:
- 1.0
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Lot Size:
- 0.55 acre(s)
- Lot Details:
- 0.55
- Floor
- Type
- Size
- Other
- Lower level
- Unfinished Room
- 24' × 13'
- -
- Lower level
- Bedroom
- 24' × 12'
- -
- Lower level
- Bedroom
- 12' × 9'
- -
- Main level
- Laundry room
- 7' × 5'
- -
- Main level
- Primary Bedroom
- 12' × 11'
- -
- Main level
- Dining room
- 14' × 12'
- -
- Main level
- Living room
- 23' × 12'
- -
- Main level
- Kitchen
- 12' × 8'
- -
- Floor
- Ensuite
- Pieces
- Other
- Main level
- No
- -
-
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Listed by Coldwell Banker Executives Realty
Data was last updated July 22, 2026 at 03:45 AM (UTC)
Area Statistics
- Listings on market:
- 109
- Avg list price:
- $624,900
- Min list price:
- $168,000
- Max list price:
- $7,998,000
- Avg days on market:
- 75
- Min days on market:
- 4
- Max days on market:
- 829
- Avg price per sq.ft.:
- $363.31
These statistics are generated based on the current listing's property type
and located in
Okanagan Landing. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- DAVID PUSEY
- RE/MAX VERNON
- 1 (250) 550-4069
- Contact by Email
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