Property Description
HM Commercial Realty is excited to present individual freehold development lots at this 16 acre Mixed Use waterfront village.
HIGHLIGHTS
- Total density up to 700 multi-family units & 150 hotel units
- Multi-family and potential mixed-use parcels (freehold land) available for purchase
- Sub 1% vacancy rate for rental apartments creates valuable opportunity
- The available lots for sale are a part of Port Okanagan Village
- Resort Hotel/Conference Centre site
- CD-7 Zoning (allows for FAR of 6.0, up to 10 storeys in height)
- 7 acres of parks, ponds and trail networks
- 4 minute drive to elementary & Secondary School, 9 minutes to grocer
- Significant Tax Incentives from the City of Vernon
The proposed subdivision plan is part of the Port Okanagan Waterfront Village, where the following individual lots are for sale separately:
- Parcel A
- Parcel E
- Parcel F – PENDING
PRICES: Starting at $2,145,000 ($9 to 30/net saleable SF)
