P3 (Private Institutional) zoned, 1.541 acre development land in the heart of this West Vernon neighbourhood with an 80 unit development plan submitted to the City of Vernon. A previous design package with similar building form and character was granted conditional approval for a Development Permit by the City of Vernon in 2017 (expired 2019). With the new application in place (2021), currently the City of Vernon planning and transportation departments are working on reviewing the requested parking variance and the application is expected to receive a new Development Permit by July, 2022. This property is suitable for an experienced senior housing organization or for a beginner to get into this profitable venture.