6611 50th Street NE, Salmon Arm | $849,900

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 within 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 with separate Seller and Title), this strategic offering presents a prime opportunity to create a thoughtfully planned residential subdivision in this growing community. The scale and 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 Arma??s residential landscape w/ this exceptional development opportunity. Home (1930) on property is being sold ""as is, where is"". See EXCLUDED Items. Seller's first preference is to sell this property MLSA(R) 10376692 (PID: 009-632-867) within a Land Assembly which includes this property and the following three land titles: MLSA(R) 10376691 (PID: 009-603-794) and MLSA(R) 10376690 (PID: 004-787-226) and PID: 005-291-461 (not on MLSA(R)).

Description

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 within 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 with separate Seller and Title), this strategic offering presents a prime opportunity to create a thoughtfully planned residential subdivision in this growing community. The scale and 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 Arma??s residential landscape w/ this exceptional development opportunity. Home (1930) on property is being sold ""as is, where is"". See EXCLUDED Items. Seller's first preference is to sell this property MLSA(R) 10376692 (PID: 009-632-867) within a Land Assembly which includes this property and the following three land titles: MLSA(R) 10376691 (PID: 009-603-794) and MLSA(R) 10376690 (PID: 004-787-226) and PID: 005-291-461 (not on MLSA(R)).

General Info


MLS Listing ID: 10376692 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: N/A Lotsize: 1 ac|1 - 5 acres Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .