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A rare opportunity to acquire approximately 26 acres of strategically located development land just minutes from downtown Kamloops, with excellent access to Highway 1, Yellowhead Highway and major transportation routes. This increasingly scarce large-format parcel offers flexibility for phased development, subdivision, or a range of mixed-use, residential, commercial, tourism, recreation, and employment uses, subject to approvals. Strong visibility, continued population growth, and proximity to key amenities make this an attractive long-term development opportunity. This sale will be a new 99-year, pre-paid lease directly from the Certificate of Possession (CP) Holder.
Highlights
- Approximately 26 acres of land, located just minutes from downtown Kamloops, per the listing.
- Municipal water and sewer are listed for the property.
- Listed possible uses include residential, commercial, mixed-use, tourism, recreation and employment, subject to approvals.
- Straight-line distances: town centre 1.4 km, Memorial Arena 1 km, Mount Paul Golf Course 710 m, Royal Inland Hospital 1.9 km.
Things to check
- Ask what the 99-year pre-paid lease from the Certificate of Possession holder includes, including renewal terms and any conditions.
- Ask the City of Kamloops whether the zoning allows your intended use, since the listing says approvals are required.
- Ask whether the listed $1,000 annual tax figure applies under this lease arrangement.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Worth knowing: Victoria Landing combines strata office space with residential condos in one downtown building. Living at Victoria Landing: condos for sale →
Overall neighbourhood score 6.9 / 10; walk & bike score 6.7 / 10, from how close the nearest school, park or trail, rec centre and town centre are. Scores and distances are Sean Phillips’s own straight-line measures from this home to public B.C. map data. They are not part of the MLS® listing; driving distances are longer, so please check anything that matters to you.
- Price
- $9,600,000
- MLS® number
- 10401210
- Property type
- Lot / land
- Ownership
- Leasehold
- Lot size
- 26 acres
- Annual taxes
- $1,000
- Community
- South Kamloops, Kamloops
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Water, Sewer
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