Property description for 5565 Okanagan Landing Road, Vernon, BC V1T 7A6

Outstanding investment and redevelopment opportunity on approximately 0.55 acres with Medium Scale Housing zoning, offering excellent potential for a 32-unit apartment development (buyer to verify development plans with the City of Vernon).The property includes a well-maintained 3-bedroom home currently rented for $2,600 per month to clean, reliable tenants, providing immediate cash flow while development plans are finalized. This is an ideal holding property for developers and investors looking to generate income throughout the planning process. Strategically located on Okanagan Landing Road, the property is just minutes from Okanagan Lake, schools, parks, shopping, public transit, and downtown Vernon. Positioned within one of Vernon's fastest-growing areas, this site benefits from strong demand for higher-density housing and excellent access to amenities. Whether you're an experienced developer or an investor seeking a high-potential land holding, this property offers an exceptional opportunity to secure a Medium Scale Housing development site with existing rental income in a highly desirable location. (id:38686)

QUICK OVERVIEW

Built in 1964
$706 / Sq Ft
Forced air
2 Days on website
0.55 acres lot

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

ADDITIONAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Graeme Magee

Listing Office Coldwell Banker Executives Realty, 250-549-2103

Updated Thursday, July 23, 2026 at 8:00:00 AM

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NEIGHBOURHOOD

About the Vernon Neighbourhood

L'achat d'une maison à Vernon est une très bonne option pour ceux qui préfèrent un milieu de vie calme. La ville plaira à ceux qui apprécient les environnements silencieux, étant donné qu'il y a peu de pollution sonore liée à la circulation des voitures.

Learn more about Vernon

High Schools

Au moins une école secondaire à moins de 10 minutes à pied

Elementary Schools

Au moins une école primaire à moins de 5 minutes à pied

Daycares

Au moins une garderie à quelques pas à pied

Groceries

Grande variété d'épiceries à quelques pas

Car friendly

Accès à des voies rapides et/ou des artères majeures, avec un faible risque de problèmes de stationnement

CLIMATE RISK FOR V1T 7A6

Mortgage Payments for 5565 Okanagan Landing Road, Vernon, BC V1T 7A6

$5,221

Monthly

Estimated Payment

8163 BUCHANAN ROAD, COLDSTREAM, BC V1B3B8 - Image 41600aa66dca9ff3f0185a8c87033cf7c1031ab2

Virtual Tour

$1,149,000

8163 BUCHANAN ROADCOLDSTREAM, BC V1B 3B8

3,516 SQ FT

Listing by Oakwyn Realty Okanagan-letnick Estates

MLS® #: 10384330

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5565 OKANAGAN LANDING ROAD, VERNON, BC V1T 7A6