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Investment Highlights

  • Walkable location near parks, transit routes, and essential community amenities
  • Positioned within a growing area and sustained population and housing demand
  • Excellent highway exposure with proximity to Silver Star Ski Resort, Kal Tire Place arena, and future $70M Greater Vernon Cultural Centre
  • 23.8-acre assembly directly across from Walmart-anchored SmartCentres and major national retailers

Executive Summary

Located minutes from Highway 97 with excellent connectivity, the site ensures swift access to Okanagan College, downtown Vernon, and major recreational destinations. Area infrastructure improvements and substantial due diligence covering geotechnical, heritage, and concept planning significantly reduce predevelopment timelines. Nearby amenities include grocery, dining, and essential services, reinforcing its walkable lifestyle appeal.

Attachments

Brochure

Property Facts

Price $6,352,298 USD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 23.80 AC
Zoning MSH/ CMUB - Mixed Use and Commercial use

2 Lots Available

Lot

Price $6,352,298 USD
Price Per AC $756,225.99 USD
Lot Size 8.40 AC

Lot 4 Plan KAP68038 Section 11 Township 8 Land District 41 Except Plan EPP56407 AND EPP70680 ODYD

Lot

Lot Size 15.40 AC

Lot 5 Plan KAP68038 Section 11 Township 8 Meridian Land District 41 Except Plan KAP71859 AND EPP70680 ODYD

Description

The properties at 5975 Lefoy Road and 6141 Highway 97N total 23.8 acres across two titles located near SmartCentres in Vernon, BC. The parcels are pre-zoned for medium-scale housing and commercial mixed-use development with a maximum building height of eight storeys and a FAR of 3.5. The area benefits from nearby retail centers, transit access, and proximity to major roadways including Highway 97.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 40665483

  • Date on Market: 5/26/2026

  • Last Updated:

  • Address: 6141 N Vernon, Bc, Vernon, BC V1B 3L6

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