580 Shuswap Street SE
Salmon Arm, British Columbia
MLS® 10397009
$1,895,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 10397009
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 29Listing description
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).
Property summary
- MLS® number
- 10397009
- Property type
- Vacant Land
- Building type
- Other
- Title
- Freehold
- Land size
- 0.9 acres
- Annual property taxes
- $2,306.00
- Days on market
- 33 days
Features & details
- Lot features
- Level lot
- Community features
- Family Oriented
What would this home cost you?
Based on the $1,895,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Century 21 Assurance Realty Ltd, Kelowna.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.