BUILD WEALTH THAT LASTS
An ultra-rare 0.85-acre development site with breathtaking valley views, zoning for 100+ units,
and limitless investment potential.
BUILD A $50M ASSET WITH A PROVEN STRATEGY
In the heart of Vernon’s prestigious Turtle Mountain neighbourhood, this 0.85-acre site is more than just land — it’s a turnkey development opportunity designed for investors who want to create generational wealth.
With RH1 zoning allowing for over 100 residential units, this site is primed for a purpose-built rental community or luxury condos in a market desperate for new inventory.
Demand for rental housing is at an all-time high, and vacancy rates are at record lows. Secure this opportunity now, and let 100+ tenants pay down your mortgage while your investment appreciates over time.
INVESTMENT AT A GLANCE
$5M initial investment
Hands-off development
100+ cash-flowing rental units
Proven appreciation & demand
Long-term wealth creation
WHY THIS OPPORTUNITY STANDS OUT
1. HIGH-DEMAND MARKET WITH LOW SUPPLY
The Okanagan real estate market is starving for multi-unit developments. With tight rental supply and strong population growth, this project is perfectly positioned to fill a crucial housing gap.
2. PRIME LOCATION IN AN UPSCALE COMMUNITY
Turtle Mountain neighbourhood – one of Vernon’s most desirable areas: stunning views of the city, valley, and mountains. Minutes from downtown Vernon, shopping, and parks.
3. ZERO-EXPERIENCE INVESTORS WELCOME
Not a developer? No problem.
Our team can manage the entire process, turning this land into a fully built, high-yield asset—without you lifting a finger.
4. A SET-IT-AND-FORGET-IT WEALTH
This turnkey investment lets you build a $50M+ asset with 50-year amortization, 3.5% interest, and 90% LTV through MLI Select. Start with $5M, let 100+ tenants pay the mortgage, and watch it grow into a $100M cash-flowing property in 25 years.
SCROLL MORE PHOTOS
SEE MORE DETAILS
Property Details
Address: 3940 35 Avenue, Vernon, BC
MLS® #: 10329806
Lot Size: 0.85 acres (269x129 ft)
Zoning: RH1 – Allows for 100+ residential units
Price: $1,950,000
Annual Property Taxes: $5,702.68
Utilities & Infrastructure
Sewer: Available at lot
Water: Public water available
Electricity, Natural Gas, Cable, and Phone: Available
Road Access: Paved city street
TAKE THE FIRST STEP
TOWARD $50M+ WEALTH
"This isn’t just a piece of land — it’s a legacy in the making."
Serious about investing? Let’s talk.
FILL OUT THE FORM BELOW TO RECEIVE THE FULL INVESTMENT PACKAGE, FEASIBILITY STUDY, AND NEXT STEPS
Vantage West Realty Inc.
100 - 1060 Manhattan Drive Kelowna, British Columbia V1Y 9X9
+1 (250) 717-3133