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 Type
Vacant Land
Neighbourhood Name
City of Vernon
Land Size
8.35 ac|5 - 10 acres
Annual Property Taxes
$6,285.20 (CAD)
Time on REALTOR.ca
6 days
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