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$579,000
British Columbia,Salmon Arm
For Sale Active
1351 10 Avenue NE, Salmon Arm, British Columbia V1E4N1
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Basic Details
Description

**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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 10379774
  • Price: $579,000
  • Status: Active
  • Property Sub Type: Vacant Land
  • Office Key: 276815
Features & Appliances
Features
  • Sewer: Municipal sewage system
  • Utilities: Natural Gas, Electricity
Address Map
  • Location: CA, British Columbia, Salmon Arm, V1E4N1
  • Street: 10
  • Street Number: 1351
  • Street Suffix: Avenue
  • Longitude: W120° 43' 49.2''
  • Latitude: N50° 42' 23.3''
  • Street Dir Suffix: Northeast
Additional Information
  • Water Source:
  • Current Use:
  • Lot Size Dimensions: 0.41
Financial
  • Tax Annual Amount: 3515
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Listing updated: 2026-07-01 03:16:32
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Listing Information
  • List Agent Key: 2099335
  • List Office Key: 276815
  • Modification Timestamp: 2026-06-22T20:00:01Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2026-06-22T19:51:40Z
Powered by REALTOR.ca
Listing updated: 2026-07-01 03:16:33
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