$1,150,000

About this property

Prime Multifamily Development Site in Revelstoke! Ideally located across from Southside Market and within walking distance to downtown, this 0.61-acre property offers exceptional potential for multifamily development in a highly accessible and evolving neighbourhood. Fronting Edward Street, just steps from Fourth Street East, the site provides convenient access to local transit, including the Revelstoke Mountain Shuttle, and is close to schools, shops, and recreation. The gently south-sloping land offers excellent view potential and sits directly adjacent to an approved apartment development, reinforcing the area’s transition toward higher-density housing. The Official Community Plan designates the property Medium Density Residential, supporting consideration of rezoning to R-MD1 (Townhouse, FAR 1.4) or R-MD2 / R-MD3 (Apartment and/or Townhouse, FAR 2.3). The City’s modernized Zoning Bylaw (April 2025), combined with recent provincial legislation removing public hearing requirements for OCP-consistent rezonings, provides a clearer, more streamlined, and predictable approval framework. Overall, this is a well-located, policy-supported opportunity to secure a strategically positioned multifamily site in Southside and one of Revelstoke’s most central and actively densifying residential hubs. (id:66946)

Features