1802 31 Street

Vernon, BC V1T5G9

Cute Bungalow with Big Potential Near Vernon Jubilee Hospital – Zoned MSH (Up to 8 Stories) This charming 2-bedroom, 1-bathroom bungalow is as cute as a button and loaded with potential. Situated on a flat, sunny corner lot with frontage on 31 Street and convenient lane access on the side, this well-kept home is located in the heart of Vernon’s growing medical district—just steps from Vernon Jubilee Hospital, transit routes, and essential amenities. The home features a bright and cheerful kitchen, cozy living spaces, and a relaxing 14' x 11' covered deck overlooking the fully fenced backyard. Perfect for a first-time buyer, single professional, couple, or small family, it also offers ample off-street parking on both the property and the adjacent side street. Downstairs, the basement offers additional storage or development potential. Zoned MSH (Medium Sized Housing), this property allows for future development up to 8 storeys, making it a strategic investment for builders, developers, or investors. Consider holding as a rental property for hospital staff or explore options to build a low-rise apartment or multi-unit development. With the ongoing demand for housing near the hospital, this large corner lot with multiple access points is a smart play with long-term upside. Explore the possibilities—develop now or hold for the future. And if you're thinking big, consider assembling with neighbouring properties for even more opportunity. (id:31684)

Listing courtesy of: Petrina Owen of Royal LePage Kelowna

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