6999 Cummins Road

Vernon, British Columbia

$2,480,000

Property Description

Attention: Developers, Builders & Investors! Outstanding opportunity at 6999 Cummins Street in Vernon. This substantial site is zoned MUA – Multi-Unit Acreage: Small Scale, allowing detached, attached and multi-unit residential development up to 3 storeys. Under qualifying Class 4 servicing and Urban Containment Boundary conditions, density may reach 60 units/ha (24 units/acre). Preliminary planning has explored multiple development paths including a 2-parcel subdivision, ground-oriented townhomes and further subdivision concepts for the “handle” portion. Develop now, phase over time, subdivide or hold for future growth. A rare opportunity to secure a sizeable Vernon development property with multiple potential exit strategies. Development concepts are preliminary and subject to City approvals, servicing and buyer due diligence. (id:6770)

Overview

Price $ 2,480,000
MLS # 10400823
Lot Size 3.1 acres
Water Municipal water
Sewer Municipal sewage system
Property Type Vacant Land
Local Amenities Golf Nearby, Airport, Recreation, Schools
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Property Information

6999 Cummins Road, Vernon

Price: $2,480,000

Property Type: Vacant Land

Building Type: Other

MLS #: 10400823

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