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$1,099,000

6641 50TH Street NE, Salmon Arm, British Columbia, V0E 1K0

MLS® # 10332384

MULTIMEDIA

Property Information:

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, the ""R-10 Zoning"" would allow 22 units/ha (Buyer is responsible for their own due diligence on development). Nestled in an up-coming area, offering 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 (1959) & outbuildings on property are being sold ""as is, where is"". See EXCLUDED Items. The Seller's first preference is to sell this property MLS®# 10332384 (PID: 009-603-794) within a land assembly which includes the following three (3) land titles: MLS®# 10332385 (PID: 004-787-226), MLS®# 10332387 (PID: 009-632-867), MLS®# 10332386 (PID: 005-291-461) OR The Sellers second preference would be to sell this property MLS®# 10332384 (PID: 009-603-794) with MLS®# 10332387 (PID: 009-632-867). (id:27)

Building Features:

  • Building Type: Other

Property Features:

  • OwnershipType: Freehold
  • Property Type: Vacant Land
  • Current Use: Development residential
  • Road Type: Gravel road
  • Utility Type: Water - Available, Natural Gas - Available, Hydro - Available, Sewer - Available
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system

Courtesy of: Fair Realty (Salmon Arm)

REALTOR.ca  

Location of 6641 50TH Street NE, Salmon Arm, British Columbia, V0E 1K0

Demographic Information of 6641 50TH Street NE, Salmon Arm, British Columbia, V0E 1K0

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$114,206.12

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.14 %

High school certificate or equivalent

26.65 %

Apprenticeship trade certificate/diploma

13.81 %

College/non-university certificate

26.51 %

University certificate (below bachelor)

2.26 %

University Degree

14.62 %

Commuter

Travel To Work

By Car

91.58 %

By Public Transit

0.0 %

By Walking

4.96 %

By Bicycle

0.0 %

By Other Methods

3.46 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent