$659,000
0 bd • ba • sf • Land/Lot
1351 Northeast 10 Avenue
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$659,000
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1351 10 Avenue NESalmon Arm, BC, V1E 4N1

  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

**Development opportunity** This R5-zoned High Density Residential lot offers a prime opportunity in one of BC’s most sought-after communities. Centrally located with breathtaking views of Shuswap Lake and the city skyline, the property includes previously approved plans for a 3-storey, 22-unit multi-family building. Since the original design, zoning regulations around height and density have become more flexible, meaning an even larger project may now be possible. A registered covenant on title permits construction of up to four storeys plus a basement, opening the door to enhanced development potential. While new permits and updated plans would be required to meet current building codes, having prior approvals and development permits on file offers a head start—ideal for developers or investors ready to capitalize on rising housing demand in Salmon Arm.Just moments from the hospital, schools, downtown, and the waterfront—including the iconic Salmon Arm Wharf—this property is perfectly positioned for a vibrant residential project. Offered at $659,000 – a rare opportunity to secure a ready-to-go urban development site in the heart of the Shuswap. (id:32586)
Listed by: Jez Nichols, Associate, Coldwell Banker Executives Realty

Home facts and features

Price details
List Price
$659,000
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
17860 ft²
Title
Freehold
Agent details
Primary Agent
Jez Nichols
Primary Broker
Coldwell Banker Executives Realty
Listing details
Days on REW
169 Days
Property Views
31
MLS® Number
10346782
Source
Canadian Real Estate Association

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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
4.09%

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Property Insights

Bastion Elementary School
  • Public
  • K - 5
King's Christian School
  • Independent
  • K - 12
Salmon Arm Secondary School
  • Public
  • 9 - 12
DESC StrongStart Centre
  • Public
  • Pre-K
South Broadview School
  • Public
  • Pre-K - 5
Shuswap Middle School
  • Public
  • 6 - 8
Hillcrest Elementary School
  • Public
  • K - 5
Shuswap SDA School
  • Independent
  • K - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Listing data was last updated on 2025-10-22.
Call Agent
Jez Nichols
Phone:
(403) 392-7002
Office:
(250) 833-9921
Fax:
(250) 549-2106
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.