Shuswap Street Southeast, Salmon Arm
MLS® 10326127
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, the property has been rezoned R5 High density. Also, the city of SA is updating the OCP in May 2025 & proposed change in the number of residential units could increase 200 unit per hectare. 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:15474)
Property Details
- Full Address:
- Shuswap Street Southeast, Salmon Arm, British Columbia
- Price:
- $ 2,665,900
- MLS Number:
- 10326127
- List Date:
- October 16th, 2024
- Lot Size:
- 0.95 ac
- Taxes:
- $ 6,794
Interior Features
Building Features
- Sewer:
- Municipal sewage system
- Water:
- Government Managed
- Zoning:
- Unknown
- Ownership Type:
- Freehold
- Taxes:
- $ 6,794
Floors
Land
- Lot Size:
- 0.95 ac
- Current Use:
- Development residential
- Road Type:
- Paved road
Neighbourhood Features
- Amenities Nearby:
- Family Oriented
Ratings
Commercial Info
Location
Mortgage Calculator
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