14 separately titled strata properties in 2 separate and twin buildings each of 7 units. Terrific opportunity for a private investor, or a fabulous opportunity for a charity or non profit organization looking for multiple units in a single location. Currently fully occupied and rented. Each of the 14 units is individually owned and presently 1 owner can negotiate and sign for all units. At this time the Seller will not entertain sales of single individual units but may consider selling just one of the buildings, or the sale of a ""block"" of units. As each unit has separate rental amounts, strata fees, taxes etc providing 1 statement is difficult and we are still waiting on some information to provide a complete pro-forma, balance sheet and income statement. Good location, property is flat, fully useable, has creek at the rear, on the bus route and convenient to all that Vernon has to offer. The present Vernon vacancy and rental market is quite healthy and still is a bit of a ""landlord's market'. Each building consists of 4 near identical 2 bedroom and 1 bath 712 sq ft ground floor units and 3 upper level 2 or 3 bedroom units averaging approximately 820 sq ft for approx. 5300 sq ft of living area per building. More info on our web site but call for more info or to arrange a viewing. (id:2493)More details
INVESTOR / BUILDER ALERT! - Prime Multi-Family Development Opportunity! This 0.21-acre, multi-family zoned lot is perfect for your next investment. With city-approved development permits and detailed architectural plans for a 6-unit project (five 3-bedroom, 2-bath units, and one 4-bedroom, 2.5-bath unit), you're ready to build. Ideally located near schools, parks, transit, dining, shopping, a university, and the airport, this property offers unmatched convenience for future residents. Whether you’re an experienced developer or a savvy investor, seize this rare, ready-to-build opportunity in a prime location! (id:2493)More details
Recently completed, income generating, multi-family complex with two, 2-storey, 4-plex buildings on +/-.588 acres or approx. 25,613 SF. Total of 8 units, each with 2-bedrooms and 1-bathroom, all of which are currently occupied. Property is zoned R3 – Multiple Family Zoning. Fantastic location close to downtown and directly behind Sheardown’s Centre with FreshMart, BC Liquor Store & Canada Post Office. Steps away from the ever-popular Salmon Trail that follows the nearby Duteau Creek one of the easternmost spawning grounds of Pacific Coho and Chinook Salmon. This is an outstanding, revenue generating investment opportunity. Financial information is available with a signed CA. (id:2493)More details
Rare re-development acquisition opportunity for just under half an acre of multi-unit zoned residential development land. One of the few redevelopment sites ever offered on the East Hill in Vernon. Excellent location, close to town, this rectangular 120 by 182-foot, 0.49-acre, 21,344 SF site with 117 ft of frontage comes improved with a 5,569 square foot, 2-storey, 8-suite, multifamily apartment building that produces good holding income with a suite mix of Five (5) 1-bedroom suites and three (3) studios. The new MUS - Multi-unit: Small Scale zoning allows for a range of small-scale housing development up to 3 Storeys in Height, including detached, attached, and multi-unit housing on lots under 4,050 square meters (1 acre) Zoning permits up to 24 Dwelling Units per acre which makes the site suitable for 12 Strata Title Units. Property not in Heritage Registry. Foundation is poured concrete encased rock, interior finishes include painted wood panel with wainscot/chair railed areas and a mix of carpet, vinyl, laminate, hardwood & tile flooring. Don't miss this rare opportunity. (id:2493)More details
564, 576, 580 Ellis Street – For Sale as a Single Property. Urban, contemporary, and funky! Located just one block off Main Street in downtown, these 12 highly sought-after rental units offer a diverse mix: 3 ground-floor suites with 1 bedroom and 1 bath, 3 ground-floor suites with 2 bedrooms and 1 bath, and 6 two-story upper units with 3 bedrooms and 2 baths each. Each unit features its own private entrance, 6 appliances, stylish window coverings, and trendy interiors. All units come with private laundry facilities, hot water tanks, and balconies (except ground-floor suites). Parking is available via lane access and resident street parking with a permit. The property is professionally managed, well maintained, and benefits from a solid tenant mix with strong potential for growth as units turnover. Additionally, it is currently pet-friendly. With Penticton’s historically low vacancy rate of around 1%, this property represents a lucrative investment opportunity. (id:2493)More details
FANTASTIC OPPORTUNITY - Be a land baron for under $1Million ... 4 two-bedroom and 2 one-bedroom units on 2 levels. on a 0.331 AC lot. Well organized property with tons of future potential. Metal roof, on demand hot water system, Entry is controlled from enter phone, Electrical is the responsibility of the tenants, parking is ample and open. Storage available for all units. 1/2 the units upgraded. City water, private septic. Private lot with tall hedges. Investment-wise, Great rate of return. The location is central to schools, downtown, and to the highway. (id:2493)More details
An exceptional opportunity to acquire a fully stratified, 26-unit townhouse development on a 1.75-acre parcel in the heart of Kelowna’s rapidly evolving Rutland Urban Centre. Ideally positioned directly across from Ben Lee Park and bordering the Houghton Road Recreation Corridor, this property offers both lifestyle appeal and strategic long-term value. Located within the City’s designated redevelopment zone, the site is zoned UC4, allowing for up to 6 storeys with a density bonus—making it a prime candidate for future multifamily redevelopment. Most of the units are owner-occupied, with estimated market rents of approximately $2,500 per month, equating to a potential gross annual income of $780,000. Just 8 minutes to UBCO and Kelowna International Airport, 15 minutes to Okanagan Lake, and 40 minutes to Big White, this location offers strong projected holding income and exceptional redevelopment potential in one of Kelowna’s most active and connected growth corridors. (id:2493)More details
Looking for a rental investment? This could be the one! This centrally located 4 plex and house package sits on just over an acre of land that backs onto the creek. The 4 plex consists of four, one bedroom, one bathroom units with individual parking spots. The house offers three bedrooms, one bathroom and a partially finished basement. This property is located close to schools, parks, and the hospital. Call today for more information! (id:2493)More details
Rare opportunity for investors at 713 Russell Street, Enderby. This income property offers 5 rental units on a generous 7405 sq ft lot just steps from downtown. With a mix of 2-bedroom, 1-bedroom, and one bachelor suite, this property provides immediate cash flow from currently rented units. Zoned residential in a sought-after downtown location, this turnkey opportunity presents incredible investment potential for those looking to expand their portfolio. Don't miss out on the chance to own a piece of real estate with multiple income streams in a prime location. (id:2493)More details
Ideal central location for this development opportunity! This two lot land assembly has the potential you are looking for with 125 feet of frontage on Laurier avenue comprised of two titles yielding 16,590 sq ft (0.38 acres of land) approximately. Current zoning is MF1 with future zoning in the 2040 official community plan of core neighbourhood future land use C-NHD Urban Core potentially for medium density apartment housing. The two homes on site currently have long term tenants which would support revenue to the buyer while moving forward. Property taxes shown are both parcels combined. Buyers should perform their own due diligence to confirm intended potential development. (id:2493)More details
Exceptional Development Opportunity in Peachland, BC. A prime Lakeview site on 5.14 acres. All utilities close or adjacent to the property including sewer. Very close to the new proposed 9 hole golf course at Ponderosa. ( Proposed opening Fall 2026). Located above Eagle's View townhome development, the original plan was 3 buildings 3 stories, 16 units per building. (48 units) New planned road between Ponderosa Drive over to Victoria Road per the Ponderosa development plan with the district of Peachland will help with traffic in the area. Development concept subject to District of Peachland. Current zoning is RM3- Residential Medium Density. (id:2493)More details
Opportunity knocks on 32nd Ave in Alexis Park, Vernon, BC! This prime development property boasts the potential for 125 multi-family units, priced at an unbeatable rate of under $20K per door—easily the best deal in the Okanagan. Perfect for 6 story wood frame construction. This is the most efficient building you can built right now. With two existing revenue-generating structures, a 5 unit and the other a 6 unit, bringing in approx. $100K annually, carry costs are offset, making it a dream to secure commercial financing. The large, flat lot is perfectly situated near public transit and next to a convenience store, offering unparalleled ease for future residents. Ideal for an MLI Select CMHC program, this is your chance to lock in high-ratio financing and 50-year money at below-market commercial rates. (id:2493)More details