1604 31 Street - Main photo, Vernon, British Columbia

1604 31 Street - Photo 2 of 2, Vernon, British Columbia

1604 31 Street - Photo 1 of 2, Vernon, British Columbia

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$9,630,000

1604 31 Street — Vernon, British Columbia

V1T5G8

37Parking

1973Built

1Lot Sq Ft

About This Property

Rare multifamily opportunity of scale in Vernon, British Columbia. This well-maintained 49-suite apartment building, situated on a 40,827 SF lot, offers investors a compelling combination of durable in-place income, meaningful capital upgrades, and a proven path to future revenue growth. Constructed in 1973, the property has benefited from significant ownership investment, including a torch-on roof replacement (2019), a new hydraulic elevator system with cab control panel (2020), new common area flooring and paint, exterior driveway re-pave and re-line, and a modern IBC on-demand hot water and heating system, materially improving long-term operational efficiency and reliability. (id:63357)

Property Location

Map

Property Details

Property Type: Detached
Half Baths: 0
Year Built: 1973
Status: Active

Location & Neighborhood

What's nearby 1604 31 Street

Nearby Schools

Unnamed School
elementary
0.8 km

Parks & Recreation

Armoury Park
playground
0.2 km
Armoury Park
park
0.2 km
Polson Park
park
0.4 km

Transit Access

31 St at 16 Ave (NB)
Bus Stop
49m
15 Ave at 31A St (EB)
Bus Stop
0.1 km
16 Ave at 32 St (EB)
Bus Stop
0.2 km
31 St at 21 Ave (NB)
Bus Stop
0.2 km
21 Ave at 31A St (WB)
Bus Stop
0.3 km

Local Amenities

Dining

Jim's Place Pizza0.2 km
Hot Spot on 60.8 km

Grocery

Save-On-Foods0.6 km

Pharmacy

Shoppers Drug Mart0.6 km
Remedy's Rx0.8 km

Coffee & Cafes

Starbucks0.9 km

POI data updated 5/18/2026

Vernon Market Snapshot

876

Active Listings

$629K

Median Price

—

Avg Days on Market

Last updated: May 8, 2026

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$9,630,000