RARE DEVELOPMENT OPPORTUNITY! Secure a rare four-title land assembly in Salmon Arm and unlock the potential of (together spanning) ~5.88 acres all designated as Medium Density w/i the OCP; thus, rezoning to a Medium Density Zone (likely R14) would be supported by the City of Salmon Arm. Townhouses would be an option for development. One of four neighbouring properties (each w/ separate Seller & Title), this strategic offering presents a prime opportunity to create a thoughtfully planned residential subdivision in this growing community. The scale & configuration provide flexibility for an efficient site layout & long-term value creation. Positioned near North Canoe Public School, local grocery & restaurant - the location blends convenience w/ lifestyle appeal. Future residents will enjoy walking access to Canoe Beach on Shuswap Lake & seamless connectivity to the Trans-Canada Highway, offering easy commuting - enhancing the Land Assembly's appeal for developers & investors. Capitalize on rising housing demand & shape the next chapter of Salmon Arm’s residential landscape w/ this exceptional development opportunity. Home (1973) & outbuildings on property are being sold ""as is, where is"". See EXCLUDED Items. Seller's first preference is to sell this property MLS® 10376690 (PID: 004-787-226) within a Land Assembly which includes this property & the following three land titles: MLS® 10376691 (PID: 009-603-794), MLS® 10376692 (PID: 009-632-867) and PID: 005-291-461 (not on MLS®). (id:6289)
| Avg. asking price | $782,051 |
| Price per sq. ft. | $358 |
| Median price | $630,950 |
| Number of homes for sale in Ne Salmon Arm | 138 |
| Number of homes for sale in Salmon Arm | 309 |
| Avg. Days on Market | N/A |
Water, Sewer, Natural Gas, Electricity
Vacant Land
Salmon Arm, British Columbia
This Price Includes 3 Adjoining Separate Properties With Houses On Them. A Rare Opportunity In This Prime Location Right In The Downtown Core Of Salmon Arm Offers Great Opportunity For Future Development! Currently Zoned R-1 (single Family ...(more)
