For Sale: 1351 NE 10 Avenue, Salmon Arm, BC - REW
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$599,000
0 bd • 0 ba • sf • Land/Lot
1351 NE 10 Avenue
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$599,000
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1351 10 Avenue NESalmon Arm, BC, V1E 4N1

  • 0 Bed
  • 0 Bath
  • Sqft
  • Land/Lot

About this home

**Bankruptcy Liquidation** This R5-zoned high-density residential lot represents a premier development opportunity in one of British Columbia’s most sought after growth markets. Centrally located with commanding views of Shuswap Lake and the city skyline, the 0.41 acre site is perfectly positioned for a high-impact residential project. The property includes a legacy of previously approved plans for a 3-storey, 22-unit multi-family building, providing a substantial foundation for future permitting. Since the original design, provincial housing legislation and local zoning regulations regarding height and density have become significantly more flexible. Notably, a registered covenant on title permits construction of up to four storeys plus a basement, opening the door to a larger unit count and enhanced project scale that meets the modern demand for attainable urban housing. Situated just moments from the Shuswap Lake General Hospital, local schools, downtown amenities, and the iconic Salmon Arm Wharf, the location is ideal for high-density living. This asset is being offered at a price point that reflects its current market standing, providing an exceptional entry into the Shuswap development market. While new permits and plans are required to align with current codes, the prior approvals and R5 zoning make this one of the most shovel-ready urban sites in Salmon Arm. (id:63626)
Listed by: Jez Nichols, Associate, Coldwell Banker Executives Realty

Home facts and features

Price details
List Price
$599,000
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Gross Taxes for 2026
$3,515
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
17859 ft²
Depth
Title
Freehold
Agent details
Primary Agent
Jez Nichols
Primary Broker
Coldwell Banker Executives Realty
Listing details
Days on REW
86 Days
Property Views
98
MLS® Number
10379774
Source
Canadian Real Estate Association
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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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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Call Agent
Associate
Jez Nichols
Phone:
(403) 392-7002
Office:
250-833-9921
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