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| 560, 580, 610 Shuswap Street SE Salmon Arm V1E2B9 |
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| Price : $2,665,900 |
Listing ID : 10325654
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| Property Type : Other |
Building Type : Residential Commercial Mix |
| Title : Freehold |
Finished Area : - |
| Built in : - |
Total Parking Spaces : - |
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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, and a rezoning application with City of SA for R5 High density in process. With the provision of amenities specified in the R5 Zone, this density can be increased to 52.6 units per acre. Also, the city of SA is updating the OCP to be considered in early 2025 & the number of residential units could increase by a potential 30-50%. 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. Also see MLS 10326127 https://carylentzinvestmentproperty.ca/ INFRASTRUCTURE INFO - SEE CITY OF SALMON ARM ONLINE MAPPING (id:56537)
Call (250)-864-7337 for showing information. |
| Details |
| Amenities Nearby : Public Transit, Park, Recreation, Shopping |
Access : Easy access |
Appliances Inc : - |
| Community Features : Family Oriented |
Features : Level lot |
Structures : - |
| Total Parking Spaces : - |
View : - |
Waterfront : - |
| Zoning Type : Unknown |
| Building |
| Architecture Style : - |
Bathrooms (Partial) : 0 |
Cooling : - |
| Fire Protection : - |
Fireplace Fuel : - |
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Flooring : - |
Foundation Type : - |
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Heating Type : - |
Roof Style : - |
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Sewer : Municipal sewage system |
Utility Water : Government Managed |
| Basement |
| Type : - |
Development : - |
Features : - |
| Land |
| Landscape Features : Level |
| Rooms |
| Level : |
Type : |
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approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association.
REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate
Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently
under contract.
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