We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home BC Greater Vernon North Okanagan B
5975 LeFoy Road
Directions Print
5975 LeFoy Road $5,750,000
$5,750,000
Hide
Favourite

5975 LeFoy Road
Vernon, British Columbia V1B3L6

MLS® Number: 10324058

Listing Description

This prime 8.4-acre multi-family development site is part of the Anderson Ranch land assembly, ideally situated next to SmartCentres (featuring Walmart, Rona, Best Buy, Tim Hortons, and more) and within walking distance to transit. The property offers lake views from the upper storeys and is bordered by BX Creek, with a planned nature path within the riparian zone. Zoning changes allow for up to 8 storeys with a 3.0 FAR, making it a perfect fit for apartment development. The riparian setback has been reduced from 30m to 15m, optimizing the usable space. With an anticipated density of 1.8 to 2.0 FAR, this site could support up to 400 much-needed rental units. Access is provided via a cul-de-sac on 58 Avenue. (37729553)

Property Summary

Property Type
Vacant Land
Building Type
Other
Neighbourhood Name
City of Vernon
Title
Freehold
Land Size
8.35 ac|5 - 10 acres
Annual Property Taxes
$6,285.20
Time on REALTOR.ca
101 days

Price and Sale History

Date Status Price
Sep 29, 2006 Sale Closed $745,000

Building

Building Features
Features
Private setting, Corner Site
Utilities
Utility Type
Electricity (At Lot Line), Natural Gas (At Lot Line), Telephone (At Lot Line)
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Recreation, Shopping

Land

Lot Features
Present Use
Development residential
Road Type
Paved road
Other Property Information
Access
Easy access
Zoning Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6

Similar Listings

Jeff Hudson