2746 sqft + 6 Bed + 3 Bath

4702 20 Street Vernon

$1,695,000
4702 20 Street - Photo 1
  • Price$1,695,000
  • MLS #10367263
  • Age1944
  • Size2746 sqft
  • Lot Size0.83 acres
  • Bedrooms6
  • Bathrooms3
  • ExteriorStucco
  • CoolingCentral air conditioning
  • AppliancesRefrigerator, Dishwasher, Dryer, Range - Electric, Range - Gas, Microwave, Washer
  • WaterMunicipal water
  • SewerMunicipal sewage system
  • FlooringCarpeted, Vinyl
  • Property TypeSingle Family
  • RoofUnknown
  • Zoning TypeUnknown
  • Local AmenitiesGolf Nearby, Public Transit, Park, Recreation, Schools, Shopping, Ski area
  • Stories2
  • Listing OfficeeXp Realty (Kelowna)

    Basement

    • Storage6'10'' x 6'0''
    • Utility room7'5'' x 6'3''
    • Bedroom14'0'' x 10'1''
    • Living room14'0'' x 11'10''
    • Storage17'11'' x 6'0''
    • Kitchen16'7'' x 8'7''
    • Laundry room17'4'' x 5'8''
    • 4pc Bathroom7'0'' x 8'6''

    Main level

    • Dining room15'9'' x 9'10''
    • Living room15'9'' x 13'5''
    • Kitchen13'1'' x 17'6''
    • Foyer8'9'' x 6'0''
    • Bedroom10'0'' x 11'5''
    • Primary Bedroom11'6'' x 11'5''
    • 3pc Ensuite bath8'1'' x 7'11''
    • Bedroom8'11'' x 8'0''
    • 4pc Bathroom9'4'' x 6'0''

    Second level

    • Foyer5'10'' x 14'9''
    • Bedroom13'5'' x 23'8''
    • Bedroom13'5'' x 11'9''

    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:6770)

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