2611 Lakeshore Road, Vernon
2024 Appraisal on file for $950,000. Seller is licensed in the province of BC. Excellent multifamily, redevelopment opportunity across the road from Kin beach. Collect rent up and down while you wait to redevelop or go through the process. Or live a few steps from the beach. The main floor boasts a fully renovated 2-bedroom suite, complete with new flooring, new kitchen and fresh paint. The basement suite includes 2 bedrooms, 1 bathroom, and a generous family room. This property stands as a prime opportunity in the heart of Vernon's Waterfront Neighborhood Centre Plan that is up and coming in the near future. The city is open to Residential Medium Density zoning. offering unmatched flexibility for developers and investors alike. Zoning supports a broad range of high-return projects, all enhanced by panoramic lake views and immediate access to one of the region’s most scenic lakefront corridors. The value in this property is all about the potential. This whole corridor is slated for redevelopment. With a new high-rise apartment building just down the road, the potential has already started rising. (id:1945)
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Property details for 2611 Lakeshore Road, Vernon
- Type
- Commercial
- Lot Size
- 0.41
- Heating
- Baseboard heaters
- Annual Taxes
- $3,852
Nearby Listings Stat
Estimated price and comparable properties near 2611 Lakeshore Road
Active Listings
95
Min Price
$124,900
Max Price
$5,250,000
Avg Price
$965,864
Days on Market
120
days
Sold Listings
42
Min Sold Price
$159,900
Max Sold Price
$1,419,900
Avg Sold Price
$676,173
Days until Sold
117
days
Neighbourhood Census Data
Vernon, British Columbia / Colombie-Britannique
Population
549
Median Age
45.8
Median Income
$34,496
Dwelling Value
$349,613
Housing Tenure
Owners 84%
Renters 16%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 489.0/km²
Avg Shelter Cost: $937/mo
Owners with Mortgage: 50%
Owners Spending 30%+: 9.8%
Tenants Spending 30%+: 44.4%
English only: 95.5%
English and French: 4.5%
Median Household Income: $66,304
Median Employment Income: $28,992
Price History
Listed
April 20, 2026
by Coldwell Banker Executives Realty
Current Price
$799,000
-11.1% from last change
Type
Commercial
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $799,000 | $100,000 (-11.1%) |
| Jun 10, 2026 | $899,000 | $50,000 (-5.3%) |
| Apr 30, 2026 | $949,000 | Listed |
