For Sale: 3500 24 Avenue, Vernon, BC - REW
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$1,099,000
8 bd • 4 ba • 3760 sf • Fourplex
3500 24 Avenue
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$1,099,000
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3500 24 AvenueVernon, BC, V1T 1L8

  • 8 Bed
  • 4 Bath
  • 3760 Sqft
  • Fourplex

About this home

Turn key investment in excellent condition with strong cash flow at approximately 7.4% cap rate. This duplex was suited with separate entrances, new electrical panels, wiring in lower units and plumbing along with high efficiency furnaces and AC units and four updated kitchens. Each unit has been fully updated over the years including each having their own entrance, laundry, five appliances and two parking stalls. There are newer hot water tanks and a newer roof with upgraded insulation, soffit, fascia and gutters. Most of the windows have been replaced as well as all exterior doors. The exterior was painted and the front yard landscaped in 2025. All units have updated flooring, and have been fully painted including the walls, trim and doors. Concrete and fencing was added in the back yard. Backyard is private with grapes, fruit tree and lawn with four patio areas. Tenants are responsible for snow removal and keeping their area tidy. Convenient location close to down town and it is on a bus route. (id:63626)
Listed by: Justin Vanderham PREC*, Personal Real Estate Corporation, 3 Percent Realty Inc.

Home facts and features

Price details
List Price
$1,099,000
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Gross Taxes for 2026
$5,569
Home facts
Bedrooms
8
Full Bathrooms
4
Parking Spaces
6
Parking Details
Street, Carport
Property Type
Fourplex
Depth
Year Built
Built in 1968 (58 yrs old)
Title
Freehold
Exterior Finish
Wood, Other
Heating Type
Forced air, See remarks
Cooling
Central air conditioning
Agent details
Primary Agent
Justin Vanderham PREC*
Primary Broker
3 Percent Realty Inc.
Listing details
Days on REW
1 Day
MLS® Number
10400020
Source
Canadian Real Estate Association
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Mission Hill Elementary School
  • Public
  • K - 7
St James School
  • Independent
  • K - 7
Beairsto Elementary School
  • Public
  • 1 - 7
Alexis Park School
  • Public
  • Pre-K - 7
W L Seaton Secondary School
  • Public
  • 8 - 12
Vernon Secondary School
  • Public
  • 8 - 12
Silver Star Elementary School
  • Public
  • K - 7
Harwood School
  • Public
  • Pre-K - 7
Clarence Fulton Secondary School
  • Public
  • 8 - 12
Ellison Elementary School
  • Public
  • K - 7
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Justin Vanderham PREC*
Phone:
(250) 307-7537
Cell:
250-307-7537
Office:
250-503-2246
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