6092 Okanagan Landing Road, Vernon, BC - Development Site in Vernon’s Okanagan Landing Area

Development Site in Vernon’s Okanagan Landing Area

6092 Okanagan Landing Road, Vernon, BC, V1H 1M3

Price:
$2,800,000

Property Description

HM Commercial Group is pleased to present a 1.541 acre development site in the heart of this West Vernon neighbourhood with an 80 unit development plan that is ready for submission.

Current zoning is P3 Private Educational which permits educational services (private), health services, participant recreation services (indoor and/or outdoor), seniors assisted housing/residential care and supportive housing). A 3.0 FAR permits a higher density than in most mainstream residential zones.

The property is located on the main transit route and within walking distance of Fulton Secondary School, Ellison Elementary School, Grocery-anchored retail centre, liquor store along with Kin Beach/Okanagan Lake

MAJOR BENEFITS

  • DP level drawings in place for a 4 storey, 80 unit “amenity-rich” active 55+ rental or condo building. (1.1 FAR)
  • Residential units, commercial retail and restaurant lease spaces and amenities, residential units on floors 1 – 4
  • Beautiful lakeviews from the 2nd – 4th floors
  • Building foundation prep done; excavated, back-filled with suitable materials, and ready for installation of foundations
  • Essential services already to the front of the property. 200mm sanitary main service to site. Construction works performed by the City of Vernon.
  • 50 on-site parking stalls (variance required)
  • Dedicated park and trail area at the rear of the site as part of the rezoning process.
  • Feasibility study conducted in 2020 by by leading industry expert, design aligned to recommendations.

6092 Okanagan Landing Road, Vernon, BC, Canada

Additional Information

Municipal Address 6092 Okanagan Landing Road, Vernon, BC, V1H 1M3
Legal Description Lot 1 Plan KAP92604 District Lot 66 Land District 41
PID 028-740-718
Location Details 6092 Okanagan Landing Road is well located in Vernon’s Okanagan Landing area, and is walking distance from the Vernon Regional Airport, schools, and shopping at Landing Plaza. The property is situated just 4 minutes from Okanagan Lake, and is only 7 minutes from Downtown Vernon and Highway 97.
Development Site Area 1.541 acres or 67,125.96 SF
Land Area 1.541 acres or 67,125.96 SF
Zoning P3, Private Institutional
Future Land Use
(OCP)
Public & Institutional
Taxes $10,635 (2020)

Listing Agents

Jeff Hudson PREC - Principal / Co-Founder at HM Commercial Group

Jeff Hudson

Marshall McAnerney PREC - Principal / Co-Founder at HM Commercial Group

Marshall McAnerney

Request More Info

If you would like more information about this listing or to request a viewing, please fill out the form below. You can also reach us at 250.712.3130 or by email info@hmcommercial.com.