Outstanding 0.904-acre R-5 High Density Multi-Family development site offering a rare opportunity for builders and investors seeking a well-priced project-ready property within the Columbia Shuswap Regional District (CSRD). Zoning approval has been granted based on several potential development configurations, including high-density condominiums, row housing, townhomes, or a mixed-form residential project, allowing flexibility in design and product mix. Preliminary planning and zoning work has already been completed to secure the R-5 designation, positioning the property for advancement through the Development Permit stage and toward construction. The Official Community Plan supports densities of up to 80.94 units per acre, providing strong development potential on the site.
Strategically located within walking distance to the area’s primary commercial corridor, the property benefits from nearby retail amenities, transportation routes, professional services, schools, parks, and playgrounds, supporting a walkable and highly desirable residential environment. A compelling high-density development opportunity offered at an attractive price point, ideal for developers seeking scale and flexibility in a growing community. House has a month to month tenancy @ $1500.00 per mo. 24 hr notice for showing. All inquiries through the Listing Agent. Partial VTB available. All information and measurements deemed approximate only and should be verified by the Buyer(s) agent(s).
136 days
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12
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Zillow last checked:
Listing updated:
Listed by:
Michael Singleton,
Century 21 Assurance Realty Ltd,
Cary Lentz,
Century 21 Assurance Realty Ltd
Source: Association of Interior REALTORS,MLS®#: 10378113Originating MLS®#: Association of Interior REALTORS
Facts & features
Interior
Features
Has fireplace: No
Property
Features
Waterfront features: None
Lot
Size: 0.9 Acres
Dimensions: 220 x 190
Features: Central Business District, City Lot, Easy Access, Level, Near Park, Near Public Transit, Few Trees
Details
Additional parcels included: 032640820
Parcel number: 010573909
Zoning: R5 High Density
Zoning description: Multi-Family,See Remarks
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available
Community & HOA
Community
Features: Park, Recreation Area, Shopping
HOA
Has HOA: No
Location
Region: Salmon Arm
Financial & listing details
Annual tax amount: C$2,306
Date on market: 3/19/2026
Cumulative days on market: 137 days
Listing terms: Owner May Carry
Ownership: Freehold,Fee Simple
Road surface type: Paved
Michael Singleton
Michael Singleton
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