$258,000
2500 30 Avenue Unit# Lot 1
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Vernon. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Located in Vernon’s highly desirable East Hill neighbourhood, this 50’ x 50’ residential lot offers an excellent opportunity for your next project. Zoned for a full duplex, the flat, build-ready property is ideally situated within walking distance to downtown, schools, and parks. Looking to expand your vision? The neighbouring lot is also available, presenting the potential to develop a fourplex and maximize density. A prime opportunity for builders and developers seeking a well-located infill project in an established neighbourhood. (id:65958)
- Subtype
- Vacant Land
- Structure
- Other
- Community
- East Hill
- Common interest
- Freehold
- Lot size
- 0.06 acres
- Lot dimensions
- 0.06
- On market
- Apr 15, 2026
- Status changed
- Apr 15, 2026
- Annual tax
- $1,619.62
- Photos
- 13
- MLS#
- 10383544
- Area
- VERNON
Features and systems
Utilities
Cash on cash
16.59%
Cap rate
8.18%
GRM
9.0
Break-even rent
$1,649
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.