5440 Silver Star Road, Vernon, BC - Prime Development Opportunity in Vernon

Prime Development Opportunity in Vernon

5440 Silver Star Road, Vernon, BC, V1B 3K4

Price:
$5,500,000

Property Description

HM Commercial is pleased to present the opportunity to purchase 6.58 acres of prime development land within the City of Vernon boundary.

  • 6.58 acres of residential development land within the City of Vernon boundary
  • City currently designated the property for HR1 Hillside Residential Multi-Family in the OCP
  • 20 minute drive to Silver Star Mountain Resort
  • Brand new bicycle and pedestrian pathway just completed in 2023 on the frontage of this property that greatly enhances the neighborhood access to school and Butcher Boys Grocery for shopping
  • All City Services at property line
  • Create a charming new neighborhood with a rural feel, just 5 minutes from downtown Vernon
  • Stunning lake and city views from higher levels of development
  • 30 minutes to YLW Kelowna International Airport
  • Easy access to Highway 97 for all commuting needs

5440 Silver Star Road, Vernon, BC, Canada

Additional Information

Municipal Address 5440 Silver Star Road, Vernon, BC, V1B 3K4
Legal Description LOT A DISTRICT LOT 51 AND OF SECTION 12 TOWNSHIP 8 OSOYOOS DIVISION YALE DISTRICT PLAN KAP44145 EXCEPT PLAN KAP72465
PID 016-767-489
Location Details The subject property is located under 10 minutes outside the bustling city of Vernon, with easy access to all the city has to offer from multiple restaurants and coffee shops, to major amenities like Walmart Superstore. With access to Highway 97 just 5 minutes away, the property is well situated for any commuter.
Land Area 6.58 acres (286,625 SF)
Zoning HR2 Hillside Residential Multi-Family
Future Land Use
(OCP)
HRES Hillside Residential
Taxes $3,616 (2022)
Geoffrey Oliver - Licensed Commercial Realtor at HM Commercial Realty

Listing Agent

Geoffrey Oliver CPA

Personal Real Estate Corporation

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.