3004 37 Street, Vernon
Versatile income property in a prime Vernon location with development potential. Just minutes from downtown, shops, restaurants, and transit, this 5-bedroom home offers excellent flexibility for both investors and homeowners. With tenants currently in place upstairs and down, it’s a solid holding property with immediate income, currently generating $4,125 per month in rental revenue. The main level features 3 bedrooms and 1 bathroom, while the fully self-contained lower suite offers 2 bedrooms, 1 bathroom, and its own laundry. There is also potential to add a 6th bedroom downstairs with the installation of a window, creating additional value and flexibility. The home has seen numerous updates over the years, including a newer roof (2017), vinyl windows on the upper level, a furnace replaced in 2021, and a hot water tank updated in 2022. The basement has been renovated with updated flooring, trim, doors, and bathroom, and includes a newer dishwasher. Plumbing has been upgraded to PEX, and the backyard is wired for a hot tub with additional electrical roughed into the detached garage. Zoned MSH (Medium Scale Housing), this property also presents future development potential, making it an attractive option for those looking to invest in a growing area. Whether you're looking for a rental property or a home with a mortgage helper, this is a strong opportunity in a highly convenient location. (id:1945)
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Property details for 3004 37 Street, Vernon
- Type
- Residential
- Style
- Ranch
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 2,297 square feet
- Lot Size
- 0.12
- Stories
- 1
- Basement
- Full
- Parking
- Detached Garage
- Heating
- Forced air, See remarks
- Cooling
- Central air conditioning
- Exterior
- Stucco, Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $4,087
Nearby Listings Stat
Estimated price and comparable properties near 3004 37 Street
Active Listings
5
Min Price
$575,000
Max Price
$799,000
Avg Price
$677,580
Days on Market
56
days
Sold Listings
5
Min Sold Price
$585,000
Max Sold Price
$1,899,000
Avg Sold Price
$941,580
Days until Sold
82
days
Price History
Listed
April 28, 2026
by Coldwell Banker Executives Realty
Current Price
$674,900
-2.9% from last change
Type
Residential
For Sale
Price Changes
5
| Date | Price | Change |
|---|---|---|
| Current | $674,900 | $20,000 (-2.9%) |
| Aug 12, 2026 | $694,900 | $10,000 (-1.4%) |
| Jul 30, 2026 | $704,900 | $14,100 (-2%) |
| Jun 17, 2026 | $719,000 | $20,000 (-2.7%) |
| May 21, 2026 | $739,000 | $11,000 (-1.5%) |
| Apr 28, 2026 | $750,000 | Listed |
