Unlock the full potential of this 17,232 sq. ft. (1,601.6 m²) lot zoned MUM (Multi-Unit: Medium Scale), offering incredible redevelopment potential. With a maximum buildable floor area of 21,549 sq. ft. (2,002 m²) and the ability to build up to four storeys, this property is ideal for townhouses, medium-scale apartments, supportive housing, or short-term rentals. Developers and investors will appreciate the flexibility and potential this zoning provides. The lot currently features a spacious 5-bedroom, 2-bathroom home with a suite, providing rental income while planning a future project. Conveniently located just minutes from Davison Orchards, Okanagan Lake, The Rise Golf Course, and Downtown Vernon, this property is in a highly desirable area with access to recreation, shopping, and dining. Whether you're looking for an investment opportunity or a prime development site, this property is a rare find in a growing community. Don’t miss out—schedule a viewing today! (id:2493)