6999 Cummins Road , Vernon, BC, V1H1M9
MLS® 10400823
- Status
- For Sale
- Price
- $2,480,000
- Property type
- Vacant Land
- Total area
- 3.1
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:27)
Features
- Amenities Nearby: Golf Nearby , Airport, Recreation, Schools
- Current Use: Development residential
- Features: Level lot, Irregular lot size
- OwnershipType: Freehold
- Property Type: Vacant Land
- Road Type: Paved road
- Sewer: Municipal sewage system
- Surface Water: Creek or Stream
- Utility Type: Natural Gas
- Utility Type: Hydro
- Utility Type: Sewer
- Utility Type: Cable
- Utility Type: Water