Residential DEVELOPMENT Property now fully approved for 32 LOT Sub-Division in Salmon Arm. This property was recently placed into the City of Salmon Arm's Official Community Plan (OCP) as an R1 Sub-Division & then granted a full exclusion from the Agricultural Land Reserve (ALR); which is now APPROVED! The property has been taken out of the ALR and is now rezoned to R1 as a Residential Sub-Division. 32 Lots with a Retail Value of $5,125,000! Purchase the approved sub-division, Install the services & realize a $1,800,000 profit on lot sales. Located in the Hillcrest Area of SE Salmon Arm, the property borders the Elementary school & is adjacent to similar sub-divisions with new homes. Home on property has little or no value to sale price as a development, however, could be rented out in the interim to cover property taxes and expenses. All site engineering is now completed with PLA in place, ready to break ground. Seller can offer financing & even buy back 4 of the lots in the first phase of 9 lots for $500,000 which will offset the costs to build the first phase. Seller is a developer, Realtor® & listing agent & can be creative to make this development a reality. Call Rob McKibbon toll free at 1-866-463-2791 or local at 250-804-6288. SOLD@BIGRob.ca, Thanks for your interest!
305,791.2 acre(s)123,749.308 hectare(s)
Disclaimer: This listing data above is provided under copyright by The Canadian Real Estate Association (CREA).
This listing data is deemed reliable but is not guaranteed accurate by myRealPage or The Canadian Real Estate Association.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR®
Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These
certification marks identify real estate professionals who are members of CREA and who
must abide by CREA’s By‐Laws, Rules, and the REALTOR® Code. The MLS® trademark and the
MLS® logo are owned by CREA and identify the quality of services provided by real estate
professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by
members of The Canadian Real Estate Association, who are responsible for its accuracy.
CREA reproduces and distributes this information as a service for its members and assumes
no responsibility for its accuracy.
Website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.
The listing content on this website is protected by copyright and
other laws, and is intended solely for the private, non‐commercial use by individuals. Any
other reproduction, distribution or use of the content, in whole or in part, is specifically
forbidden. The prohibited uses include commercial use, “screen scraping”, “database
scraping”, and any other activity intended to collect, store, reorganize or manipulate data on
the pages produced by or displayed on this website.
Join Club Rob Today!
No obligation or commitment, you can simply request removal from the club at anytime. Let Rob update you on the entire Shuswap Waterfront Market! New Listings as they happen & usually before they appear on MLS®, Recent Solds & More.
Notintended to solicit clients from previously established relationships with other Shuswap REALTORS®.
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.