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4702 20 Street
Vernon British Columbia V1T4E5 Canada

$1,695,000

Active Listing ID 10367263
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6 bed
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2,746 square feet
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3.00 Bath
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Single Family

$1,695,000

Active Listing ID 10367263
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4702 20 Street Prime Redevelopment & Investment Opportunity! Discover the exceptional potential of this expansive 0.83-acre property located in one of the area’s most sought-after, high-growth neighborhoods. Zoned MSH (Medium Scale Housing), this property is perfectly positioned for multi-family development, townhomes, row housing, fourplex or sixplex builds (buyer to verify), making it an ideal investment for builders, developers, and long-term strategic investors. The property currently features a well-maintained 6-bedroom, 3-bathroom home with numerous updates, move-in ready, and generating immediate rental income. Five rooms are presently rented month-to-month, providing a steady cash flow while you navigate planning, design, zoning, and development approvals. An accessory outbuilding offers storage and functionality for contractors, hobbyists, or equipment, and there is ample parking for RVs, boats, and recreational vehicles. This generational investment is set in a walkable, family-friendly area, just minutes to shopping centers, schools, transit routes, parks, and recreation. This redevelopment parcel availability is a rare opportunity to secure a high-value land holding with future appreciation upside. Whether you choose to redevelop now, phase construction, or hold for long-term capital growth, this property delivers extraordinary versatility and lasting value. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Stucco
  • Floor Covering: Carpeted, Vinyl
  • Roof Type: Asphalt shingle, Unknown
  • Heating Systems: Forced air, See remarks
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 11/12/2025 7:41:21 PM GMT
Source Updated Date: 12/17/2025 8:10:19 PM GMT

Courtesy of: Edmer Gatchalian, , eXp Realty (Kelowna)