For Sale: 3802 32 Avenue, Vernon, BC - REW
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$449,900
1 bd • 1 ba • 696 sf • House
3802 32 Avenue
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$449,900
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3802 32 AvenueVernon, BC, V1T 2N3

  • 1 Bed
  • 1 Bath
  • 696 Sqft
  • House

About this home

An exceptional opportunity for developers, builders, and forward-thinking investors. A strategically located property in the heart of Vernon, 3802 32nd Avenue is zoned MUS (Multi-Unit Small Scale), with recently updated roads, sidewalks, alley way & services at lot line it offers tremendous redevelopment potential in one of the City's evolving growth corridors. Whether you're ready to build immediately or looking to secure a high-upside land holding, this property provides flexibility and future value. The existing home can generate rental income while completing development planning. The zoning & development potential make it the perfect candidate for higher-density housing. Buyers are encouraged to explore opportunities under the CMHC MLI Select financing program, which may offer attractive financing options for qualifying purpose-built rental developments. The property offers the potential for a Floor Area Ratio (FAR) of up to 3.0, allowing for approximately 28,000 sq. ft. of buildable floor area. Located just minutes from downtown Vernon, shopping, schools, transit, parks, and everyday amenities, this is a rare opportunity to acquire a redevelopment site in a community experiencing significant residential growth & increasing demand for new housing. Whether your vision is a purpose-built rental project, multi-family development, or a strategic land investment, 3802 32nd Avenue offers the location, zoning, and long-term potential to make your next project a success. (id:63626)
Listed by: John Kristian PREC*, Personal Real Estate Corporation, RE/MAX Vernon

Home facts and features

Price details
List Price
$449,900
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Gross Taxes for 2026
$3,515
Home facts
Bedrooms
1
Full Bathrooms
1
Parking Spaces
1
Parking Details
Additional Parking, Detached Garage
Property Type
House
Lot Size
9583 ft²
Depth
Year Built
Built in 1908 (118 yrs old)
Title
Freehold
Style
Ranch
Exterior Finish
Wood
Heating Type
Baseboard heaters
Basement Details
Full
Appliances
Dryer, Oven - Electric, Refrigerator, Washer
Agent details
Primary Agent
John Kristian PREC*
Primary Broker
RE/MAX Vernon
Listing details
Days on REW
1 Day
MLS® Number
10393527
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Alexis Park School
  • Public
  • Pre-K - 7
Mission Hill Elementary School
  • Public
  • K - 7
Beairsto Elementary School
  • Public
  • 1 - 7
St James School
  • Independent
  • K - 7
W L Seaton Secondary School
  • Public
  • 8 - 12
Harwood School
  • Public
  • Pre-K - 7
Clarence Fulton Secondary School
  • Public
  • 8 - 12
Ellison Elementary School
  • Public
  • K - 7
Silver Star Elementary School
  • Public
  • K - 7
Pleasant Valley Christian Academy
  • Independent
  • K - 4
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
Personal Real Estate Corporation
John Kristian PREC*
Phone:
(250) 549-4161
Office:
250-549-4161
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