Prime Development Opportunity with Home and Garage/Shop in Central Revelstoke! On 0.49 acres, this property offers over 1,400 sq. ft. of comfortable living space featuring 2 bdrms, 2 baths, covered carport, Shop/Garage. Ideally located across from Southside Market and close to downtown amenities, this site offers exceptional potential for redevelopment or investment. The property can be purchased on its own or purchase adjoining land at 413 Edward Street, ( Separately listed & owned) creating the potential combined 1.10-acre lot assembly in a prime multifamily development area. Fronting Edward Street, just steps from Fourth Street East, the site offers convenient access to local transit, including the Revelstoke Mountain Shuttle, and is close to schools, shops, and recreation. The gently south-sloping land provides excellent view potential and is located beside an approved apartment development, reinforcing the area’s transition toward higher-density housing. The Official Community Plan designates the site as Medium Density Residential, supporting potential rezoning to R-MD1 (Townhouse, FAR 1.4) or R-MD2 / R-MD3 (Apartment and/or Townhouse, FAR 2.3). The City’s new modernized Zoning Bylaw (April 2025) that better aligns with current market conditions and typical development patterns, combined with recent provincial changes that remove the need for a public hearing for OCP-consistent rezonings, provides for streamlined approvals and greater clarity and certainty for future projects. Overall, the property offers a well-located, policy-supported opportunity for multifamily development or investment in Revelstoke, with the potential of lot assembly to further enhance development potential. Direct link to the current OCP: https://revelstoke.civicweb.net/filepro/documents/?preview=198773 (see Section 4.6.2, page 66). (id:47421)
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Detailed Information
Bedrooms
2
Bathrooms
2
Listing Contract Date
2025-10-22
Municipal ID
024-227-692
Ownership Type
Freehold
# of Parking Spaces
1
Property Type
Single Family
Transaction Type
For sale
Building
Constructed Date
1973
Cooling Type
Window air conditioner
Fireplace Fuel
Pellet
Fireplace Present
Yes
# of Fireplaces
1
Fireplace Type
Stove
Flooring Type
Carpeted, Laminate
Heating Type
Forced air, See remarks
Roof Material
Metal
Roof Style
Unknown
Stories Total
1
Type
Manufactured Home
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Foyer
Main level
4'11'' x 8'9''
Living room
Main level
17'8'' x 23'3''
Kitchen
Main level
15'2'' x 10'11''
Dining room
Main level
8'8'' x 10'11''
Storage
Main level
15'6'' x 9'7''
Bedroom
Main level
22' x 9'
Laundry room
Main level
6' x 6'4''
Full bathroom
Main level
5'6'' x 8'
Full ensuite bathroom
Main level
7'7'' x 11'
Primary Bedroom
Main level
20' x 9'11''
Parking Spaces
Name
Spaces
See Remarks
Carport
Detached Garage
1
Oversize
Rear
RV
Land
Total Size
0.49 acres
Current Use
Other
Sewer
Municipal sewage system
Size of Irregular Land
0.49
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