642,510 sqft lot
Freehold NonStrata
CD22 zone
Public remarks
An exceptional mixed-use development opportunity, the Turner Creek property is poised to become one of the most impactful projects in Salmon Arm. Spanning nearly 15 acres with panoramic views, this property offers an unparalleled combination of beauty and connectivity. Strategically located in the center of Salmon Arm, it allows walkability to the downtown core while taking advantage of what the uptown has to offer. The site is within walking distance to schools, the hospital, sports arena, and other important amenities. The Turner Creek development plan has received approval for 354 units of medium-density housing, designed to include independent and/or assisted seniors living, condos, townhouses, and medium-density apartments.
Private remarks
- Provincial approvals in place for RAPR, and Section 11. This is a significant time savings for the developer. Approvals good for five years - MOTT approval for access points. No additional upgrades required for MOTT roadways
Buyer agency compensation
2% plus gst
$5,700,000
Active
Listed
01/23/2025
Expiry date
Original price
Gross taxes (2024)
$13,790.97
Property transfer tax
$203,000.00
Last Updated: 02/03/2025 03:07 PM
Courtesy of Royal LePage Westwin Rlty. (AOIR)
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
1470 Trans Canada Highway | R2962854 | 02/03/2025 03:07 PM | 01/23/2025 | Active | $5,700,000 | Login to view | Royal LePage Westwin Rlty. (AOIR) |