Wednesday, February 10, 2010

Shuswap Development Property

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 waters 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.

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.)

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 tge Zoning bylaw. In addition, no one town home structure 
may contain more that 10 side by side units.

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.

Century 21 Executives Development Commercial Division
250-549-2103

Okanagan Development Commercial
 
Okanagan Development Commercial Email Okanagan Development   TollFree: 1-877-227-4073 Fax: 250-549-2106

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