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Investors, Builders & Developers – Exceptional Multi-Family Development Opportunity in Westsyde! Situated on a generous quarter acre corner lot, this property offers outstanding potential with preliminary City of Kamloops approval to consider multi-family development, including the potential for two fourplexes (8 units total). The proposed development presents an exciting opportunity for investors and builders looking to capitalize on the demand for multi-family housing in one of Kamloops’ most desirable family-oriented neighbourhoods. The cost-effective development concept and existing groundwork offer an excellent starting point for your next project, with further approvals and verification required through the City of Kamloops. Westsyde is known for its excellent schools, parks, trails, recreation, and convenient amenities, including shopping, restaurants, Westsyde Pool & Fitness Centre, The Dunes Golf Course, and the beautiful North Thompson River. With its strong community feel, established neighbourhood, and convenient access to downtown Kamloops, this is a compelling opportunity to explore an income-producing development or long-term investment. Bring your vision and unlock the potential of this rare multi-family development opportunity!
Highlights
- Corner lot of about 0.24 acres in Westsyde, Kamloops.
- The listing notes preliminary City of Kamloops approval to consider multi-family development, including potential for two fourplexes (8 units).
- Municipal water and municipal sewer services are listed for this property.
- Per the listing, annual taxes are $2,439.
- David Thompson Elementary is 200 m away, and Westsyde Indoor Pool is 350 m away.
Things to check
- Ask the City of Kamloops what the preliminary approval covers and which further approvals are needed before building.
- Ask the seller what the listing means by existing groundwork, and request the details in writing.
- Confirm the current zoning and permitted uses for this site with the City of Kamloops.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Did you know?: Thompson Rivers University sits on a 250-acre campus in Sahali, with a 40-acre arboretum. Kamloops neighbourhoods, with honest pros and cons →
Overall neighbourhood score 7.9 / 10; walk & bike score 7.7 / 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
- $749,900
- MLS® number
- 10403952
- Property type
- Lot / land
- Ownership
- Freehold
- Lot size
- 0.24 acres
- Annual taxes
- $2,439
- Community
- Westsyde, Kamloops
- Lot features
- Corner Site
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Water, Sewer
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