• Acreage for sale - MLS® $1,990,000 - Shuswap Development Land
Sicamous, Columbia-Shuswap Regional District - Shuswap BC Real Estate Downtown Sicamous, BC Land for Sale. This 2.87 acre property for sale in Sicamous BC is only steps from the water’s edge in the heart of houseboat country. This development property is suited to multifamily strata construction. The R5 zoning classifies this land as medium density residential. The maximum permitted residential density for multi-family residential use must not exceed 20 units per gross acre unless the developer meets the provisions of section 314 if the Zoning bylaw. In addition, no one town home structure may contain more that 10 side by side units.
An appraisal done in January 2010 is available. This function of this appraisal was to provide a present market value for the proposed 14 town house units representing phase one of Temple Place Townhomes. This report assessed market value at Four Million One Hundred Fifty Three Thousand ($4,153,000.) There are currently a limited number of land parcels with similar potential available in the market place. Be sure to consider this prime Shuswap multi family development property.
This multi family development property is listed for sale by Bill Hubbard and Scott Davidson - Century 21 Executives Realty Ltd. Development Commercial Division
See you online,
Brell ~ Brenda Ellis REALTOR ®
with TheOkanaganRealEstateHub.com @ Century 21 Executives Realty Ltd
(250)550-2161 Direct Dial
(250)549-2103 Office Reception
1-877-227-4073 Toll Free
(250)308-4310 SMS
Century 21 Executives Realty Ltd.
2907 - 32nd St.
Vernon, BC V1T 5M2
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