C$1,150,000

This .613 acres parcel at 413 Edward Street offers a prime opportunity for multifamily development in Revelstoke and is concurrently for sale with the adjoining 419 Edward Street, creating the potential for 1.103 acres lot assembly. The property fronts Edward Street, a collector road located just steps away from Fourth Street East, a key arterial corridor, providing excellent connectivity across the city. It is across from the Southside Market grocery store where the local transit stops along Fourth Street, including the Revelstoke Mountain Resort shuttle, offering direct access to everyday needs. The land slopes down to the south, creating strong view potential. With direct adjacency to an apartment development, the subject property is well located to continue the transition toward higher-density forms. The Official Community Plan designates the site for Medium Density Residential, with rezoning options to R-MD1 (Townhouse, FAR 1.4) or R- MD2/R-MD3 (Apartment and/or Townhouse, FAR 2.3). The City’s newly adopted Zoning Bylaw (April 2025) provides significant added certainty for future development, replacing the previous need for custom Comprehensive Development rezonings with clear, standardized zones more in line with typical development pathways. Within walking and cycling distance to key amenities: Close to downtown Revelstoke, Kovach Park, and many bike trails Well-located, policy-supported opportunity for new housing in Revelstoke. (id:41202)