BC
Salmon Arm
V1E2B9
560, 580, 610 Shuswap Street SE
560, 580, 610 Shuswap Street SE, Salmon Arm, BC V1E2B9
Listing Type
lots/land
Listing Status
active
22
$2,665,900

Home Details for 560, 580, 610 Shuswap Street SE

Price
$2,665,900
Type
Vacant Land
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Lot size acres
0.95 ac|under 1 acre
Parking
Days on site
53
Listing #
10326127_27545065
Listing courtesy: Century 21 Assurance Realty Ltd
Property Description

DEVELOPERS - AN INCREDIBLE OPPORTUNITY TO DEVELOP THREE LOTS INTO A MULTI-UNIT HIGH DENSITY RESIDENTIAL PROJECT in SALMON ARM in a fantastic location; the heart of the city, virtually walking distance to all amenities, parks, shopping/ malls, sports venues, dining, daycare centers and downtown core, medical care, clinics, Shuswap hospital, family services, extending living. Bus stop across the street. The sellers are consolidating the 3 lots into one titled property, smaller home is slated for demolition (610) and have done extensive due diligence in regards to development, and a rezoning application with City of SA for R5 High density in process. With the provision of amenities specified in the R5 Zone, this density can be increased to 52.6 units per acre. Also, the city of SA is updating the OCP to be considered in early 2025 & the number of residential units could increase by a potential 30-50%. As well, the seller has engaged McElhanney a local engineering firm and are providing conceptual drawings. See property specs and detailed description in supplements and direct link to the listing. Walkability score = 79 Salmon Arm is #1 2019 best city in BC to live in. This is a prime opportunity for developers to capitalize on the ongoing growing demand for residential housing, along with the optimum location make this an excellent investment. https://carylentzinvestmentproperty.ca/ MLS #10325654 (id:1184)

Property Features
  • House Interior
    • Level lot
  • Fire Place
    • False
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Market statistics compiled from data from Canadian Real Estate Association.
EXIT REALTY PEI
41 MacLeod Crescent, Charlottetown, PE C1E 3K2
Pamela Foy
Sales Representative
Office
902 892 7653
Agent
902 315 1035
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