$998,000

1353 CHERRYWOOD Boulevard, Sparwood

Sparwood, Sparwood, BC V0B2G2

Cabin / recreational

Listed by Coldwell Banker Executives Realty · William Hubbard

About this property

Zoned for a 20 unit, 3 storey ground-oriented townhouse development and has been endorsed by the District for a 39 unit apartment complex as well. Sparwood is in need of multifamily residential accommodation with a vacancy rate of 3.4 % as of 2021 down significantly from 19.2% in 2017. Sparwood has a high demand for workers created by the expansion of Teck Coal the major industry of the area and the workers need accommodation. (id:67417)

Property details

Price

$998,000

MLS® number

10383208

Property type

Cabin / recreational · Other · Recreational

Ownership

Freehold

Lot size

1.1 acres · 1.1

Annual taxes

$1,202

Community

Sparwood, Sparwood

Features

Water

Municipal water

Sewer

Municipal sewage system

Utilities

Water, Natural Gas, Electricity, Telephone

View on map