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$4,300,000

Proposed Lot North 9 Avenue, Salmon Arm, BC, V1E 2L1

MLS® # 10331685

MULTIMEDIA

Property Information:

Manageable mixed-use development opportunity; the Turner Creek property is poised to become one of the most impactful projects in Salmon Arm. This proposed portion of the Turner Creek development plan, spanning approximately 9 acres, has been approved for 234 units of medium-density housing including independent and/or assisted seniors living, townhouses, and medium-density apartments. With panoramic views, this property offers an unparalleled combination of beauty and connectivity. Strategically located in the center of Salmon Arm, it allows walkability to the downtown core while taking advantage of what the uptown has to offer. The site is within walking distance to schools, the hospital, sports arena, and other important amenities. Turner Creek has officially received municipal approval, marking a significant milestone in its development journey. Additionally, all necessary provincial government requirements have been met, and zoning approvals are in place to support Turner Creek’s full potential. With two titles and multiple access points, this property is ideal for phased development, offering flexibility for financing and project management. Turner Creek is a rare opportunity to create a mixed-use community in one of the most desirable locations in Salmon Arm. The combination of location, zoning, and support makes this an ideal opportunity for any developer.

Property Features:

  • Annual Tax Amount: $5,300
  • Lot Size: 8.96 Acres
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available, Sewer Available
  • View: Lake
  • Water Source: Public
  • Waterfront Features: None
  • Sewer: Not Connected

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Location of Proposed Lot North 9 Avenue, Salmon Arm, BC, V1E 2L1

Demographic Information of Proposed Lot North 9 Avenue, Salmon Arm, BC, V1E 2L1

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$96,395.16

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.87 %

High school certificate or equivalent

31.96 %

Apprenticeship trade certificate/diploma

9.41 %

College/non-university certificate

24.98 %

University certificate (below bachelor)

2.38 %

University Degree

15.41 %

Commuter

Travel To Work

By Car

88.31 %

By Public Transit

0.82 %

By Walking

8.89 %

By Bicycle

0.08 %

By Other Methods

1.9 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

14.89 %

Houses

85.11 %

Own Vs. Rent