413 Edward Street, Revelstoke
Prime Multifamily Development Site in Revelstoke! Ideally located across from Southside Market and within walking distance to downtown, this 0.61-acre property offers exceptional potential for multifamily development in a highly accessible and evolving neighbourhood. Fronting Edward Street, just steps from Fourth Street East, the site provides convenient access to local transit, including the Revelstoke Mountain Shuttle, and is close to schools, shops, and recreation. The gently south-sloping land offers excellent view potential and sits directly adjacent to an approved apartment development, reinforcing the area’s transition toward higher-density housing. The Official Community Plan designates the property Medium Density Residential, supporting consideration of rezoning to R-MD1 (Townhouse, FAR 1.4) or R-MD2 / R-MD3 (Apartment and/or Townhouse, FAR 2.3). The City’s modernized Zoning Bylaw (April 2025), combined with recent provincial legislation removing public hearing requirements for OCP-consistent rezonings, provides a clearer, more streamlined, and predictable approval framework. Overall, this is a well-located, policy-supported opportunity to secure a strategically positioned multifamily site in Southside and one of Revelstoke’s most central and actively densifying residential hubs. (id:62865)
Status
Active
Year Built
1974
Property Type
Manufactured Home
Ownership
Freehold
Parking Spaces
2
Annual Tax
$3,524
Parcel Number
024-227-706
Data Source
Association of Interior REALTORS®
Bedrooms
2
Bathrooms
1
Living Area
768 square feet
Lot Size
0.61 acres
View
Mountain view
Roof
Metal,Unknown
Heating
Forced air, See remarks
Water Source
Municipal water
Sewer
Municipal sewage system
$1,230,000
Office
RE/MAX Revelstoke Realty
Loan Amount:
$984,000
Estimated Monthly Payment:
$4,795
This is an estimate for informational purposes only. Consult with a financial advisor.
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