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1351 10 Avenue NE, Salmon Arm, British Columbia, V1E 4N1

MLS® # 10346782
Vacant Land For Sale In Salmon Arm, British Columbia
$659,000

None Beds

Rendering of the building - 1351 10 Avenue Ne, Salmon Arm, BC
Rendering of the building - 1351 10 Avenue Ne, Salmon Arm, BC
1351 10 Avenue Ne, Salmon Arm, BC
1351 10 Avenue Ne, Salmon Arm, BC
1351 10 Avenue Ne, Salmon Arm, BC
Rendering of the building - 1351 10 Avenue Ne, Salmon Arm, BC
Rendering of the building - 1351 10 Avenue Ne, Salmon Arm, BC
1351 10 Avenue Ne, Salmon Arm, BC
1351 10 Avenue Ne, Salmon Arm, BC
1351 10 Avenue Ne, Salmon Arm, BC
  • Advertising
1351 10 Avenue NE, Salmon Arm, British Columbia, V1E 4N1
$659,000

Property Information:

**Development opportunity** This R5-zoned High Density Residential lot offers a prime opportunity in one of BC’s most sought-after communities. Centrally located with breathtaking views of Shuswap Lake and the city skyline, the property includes previously approved plans for a 3-storey, 22-unit multi-family building. Since the original design, zoning regulations around height and density have become more flexible, meaning an even larger project may now be possible. A registered covenant on title permits construction of up to four storeys plus a basement, opening the door to enhanced development potential. While new permits and updated plans would be required to meet current building codes, having prior approvals and development permits on file offers a head start—ideal for developers or investors ready to capitalize on rising housing demand in Salmon Arm.Just moments from the hospital, schools, downtown, and the waterfront—including the iconic Salmon Arm Wharf—this property is perfectly positioned for a vibrant residential project. Offered at $659,000 – a rare opportunity to secure a ready-to-go urban development site in the heart of the Shuswap. (id:27)

Building Features:

  • Building Type: Other

Property Features:

  • OwnershipType: Freehold
  • Property Type: Vacant Land
  • Current Use: Development residential
  • Road Type: Paved road
  • Utility Type: Hydro - At Lot Line, Natural Gas - At Lot Line
  • Sewer: Municipal sewage system

Courtesy of: Coldwell Banker Executives Realty

REALTOR.ca  

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Market Price Trends

All Properties

-2.71%

Price change (1 year)

41.63%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 1351 10 Avenue NE, Salmon Arm, British Columbia, V1E 4N1

Demographic Information of 1351 10 Avenue NE, Salmon Arm, British Columbia, V1E 4N1

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$103,864.00

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.83 %

High school certificate or equivalent

26.96 %

Apprenticeship trade certificate/diploma

10.32 %

College/non-university certificate

25.65 %

University certificate (below bachelor)

0.84 %

University Degree

24.4 %

Commuter

Travel To Work

By Car

81.67 %

By Public Transit

0.0 %

By Walking

17.84 %

By Bicycle

0.49 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

36.98 %

Houses

63.02 %

Own Vs. Rent

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