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Phone Murray murray@murraymacrae.com www.murraymacrae.com
322 Seymour Street
Kamloops, BC
Canada V2C 2G2

Details
Address | 6721 50th Street Ne |
Area | Shuswap / Revelstoke |
Sub Area | NE - NE Salmon Arm |
State/Province | British Columbia |
Country | Canada |
Price | $1,899,000 |
Property Type | Residential Development |
Lot Size | 3.69 Acres |
Waterfront | No |
Taxes | $5,574 |
Tax Year | 2024 |
MLS® # | 10332385 |
DEVELOPERS - INCREDIBLE OPPORTUNITY TO DEVELOP A FOUR TITLE LAND ASSEMBLY INTO A MULTI-UNIT RESIDENTIAL SUBDIVISION UNDER THE "R-10 RESIDENTIAL ZONE"! Discover an unparalleled opportunity in Salmon Arm! This property is one of four separate, neighbouring properties on 50th St NE (separate Seller & Title for each property) in this Land Assembly, together spanning a total of 5.88 acres. As per the City of Salmon Arm, based on low density provisions, "R-10 Zoning" would allow 22 units/ha (Buyer is responsible for their own due diligence on development). Nestled in an up-and-coming area, it offers proximity to North Canoe public school, grocery store, popular restaurant & short drive to all Salmon Arm amenities. Enjoy a nice walk to Canoe Beach on breathtaking Shuswap Lake. With seamless access to the Trans Canada Highway, commuting is effortless, enhancing the Land Assembly's appeal for developers & investors alike. An incredible chance to shape the future of Salmon Arm's housing landscape. Home (1973) & outbuildings on property are being sold "as is, where is". See EXCLUDED Items. The Seller's first preference is to sell this property MLS®# 10332385 (PID: 004-787-226) within a land assembly which includes the following three (3) land titles: MLS®# 10332387 (PID: 009-632-867), MLS®# 10332386 (PID: 005-291-461), MLS®# 10332384 (PID: 009-603-794) OR The Sellers second preference would be to sell this property MLS®# 10332385 (PID: 004-787-226) with MLS®# 10332386 (PID: 005-291-461)
Listed by FAIR REALTY (SALMON ARM)