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6641 50th Street NE, Salmon Arm

MLS® #10376691
About this Property

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 (1959) & outbuildings on property are being sold ""as is, where is"". See EXCLUDED Items. Seller's first preference is to sell this property MLS® 10376691 (PID: 009-603-794) within a Land Assembly which includes this property and the following three land titles: MLS® 10376690 (PID: 004-787-226), MLS® 10376692 (PID: 009-632-867) and PID: 005-291-461 (not on MLS®) (id:62865)

Property Information

Status

Active

Property Type

Vacant Land

Ownership

Freehold

Parcel Number

009-603-794

Data Source

Association of Interior REALTORS®

Exterior & Lot

Lot Size

1.0 acres

Waterfront

Waterfront on pond

Building & Utilities

Water Source

Municipal water

Sewer

Municipal sewage system

Utilities

WaterSewerNatural GasElectricity

$999,900

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Listing Courtesy of

Office

Real Broker B.C. Ltd

Mortgage Calculator
$199,980

Loan Amount:

$799,920

Estimated Monthly Payment:

$3,898

This is an estimate for informational purposes only. Consult with a financial advisor.