$1,895,000

580 Shuswap Street SE, Salmon Arm

SE Salmon Arm, Salmon Arm, BC V1E2B9

Lot / land

Listed by Century 21 Assurance Realty Ltd

About this property

Outstanding 0.904-acre R-5 High Density Multi-Family development site offering a rare opportunity for builders and investors seeking a well-priced project-ready property within the Columbia Shuswap Regional District (CSRD). Zoning approval has been granted based on several potential development configurations, including high-density condominiums, row housing, townhomes, or a mixed-form residential project, allowing flexibility in design and product mix. Preliminary planning and zoning work has already been completed to secure the R-5 designation, positioning the property for advancement through the Development Permit stage and toward construction. The Official Community Plan supports densities of up to 80.94 units per acre, providing strong development potential on the site. Strategically located within walking distance to the area’s primary commercial corridor, the property benefits from nearby retail amenities, transportation routes, professional services, schools, parks, and playgrounds, supporting a walkable and highly desirable residential environment. A compelling high-density development opportunity offered at an attractive price point, ideal for developers seeking scale and flexibility in a growing community. House has a month to month tenancy @ $1500.00 per mo. 24 hr notice for showing. All inquiries through the Listing Agent. Partial VTB available. All information and measurements deemed approximate only and should be verified by the Buyer(s) agent(s). (id:67417)

Property details

Price

$1,895,000

MLS® number

10397009

Property type

Lot / land · Other · Vacant Land

Ownership

Freehold

Lot size

0.9 acres · 0.9

Annual taxes

$2,306

Community

SE Salmon Arm, Salmon Arm

Features

Community

Family Oriented

Lot

Level lot

Water

Municipal water

Sewer

Municipal sewage system

Utilities

Natural Gas, Electricity, Cable

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