6641 50th Street Northeast, Salmon Arm, British Columbia V0E1K0

Property 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 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:5764)