+1 (778) 215-0445 scarlettbarber@remax.net

6699 Scott Road Vernon, British Columbia V1H 1N4

2,590 sqft
Forced Air, See Remarks

$949,000

INCOME TODAY. DEVELOPMENT POTENTIAL TOMORROW. 6699 Scott Road offers a combination of strong rental income and future redevelopment potential in one of Vernon's growing neighbourhoods. Currently generating approximately $75,338 per year in gross rental income, the property is fully tenanted and configured with multiple self-contained living areas, providing immediate cash flow while future plans are explored. Tenants contribute toward utilities. Buyers should verify all income, expenses, and tenancy arrangements. Situated on a 0.32-acre (1,295 m²) lot and zoned MUS (Multi-Unit Small Scale), the property offers long-term upside beyond its current income stream. Based on current density allowances, preliminary analysis suggests potential for approximately 6–7 units, subject to City of Vernon approvals. Buyers should complete their own due diligence regarding servicing, development requirements, and approvals. Located less than 1 km from Kin Beach and close to Okanagan Landing amenities, schools, parks, and transit, the property benefits from a location attractive to both tenants and future residents. Whether you are looking for a cash-flowing investment, a holding property with future upside, or a redevelopment opportunity, 6699 Scott Road offers income today with potential for tomorrow. Investor package including rent roll, pro forma, zoning summary, and servicing information available upon request. (id:63400)

Property Details

MLS® Number 10386479
Property Type Other
Neigbourhood Bella Vista
Parking Space Total 1

Building

Constructed Date 1975
Exterior Finish Aluminum
Heating Type Forced Air, See Remarks
Roof Material Asphalt Shingle
Roof Style Unknown
Size Interior 2,590 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Parking

Attached Garage 1
Oversize

Land

Acreage No
Current Use Mixed Use
Sewer Municipal Sewage System
Size Irregular 0.32
Size Total 0.32 Ac|under 1 Acre
Size Total Text 0.32 Ac|under 1 Acre

https://www.realtor.ca/real-estate/29780794/6699-scott-road-vernon-bella-vista

Rick Latta

(250) 540-8278
www.ricklatta.ca/

Oakwyn Realty Okanagan
3308 30 Avenue
Vernon, British Columbia V1T 2C8

(250) 861-5122
(604) 620-7970

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