Prime Multifamily Development Opportunity in Revelstoke! Ideally located across from Southside Market and within walking distance to downtown, this 0.61-acre property offers excellent potential for multifamily development in a highly accessible location. The adjoining 419 Edward Street, separately listed & owned, presents an opportunity for a combined 1.10-acre lot assembly. 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 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:63869)
| MLS® Number | 10363084 |
| Property Type | Single Family |
| Neigbourhood | Revelstoke |
| Parking Space Total | 2 |
| View Type | Mountain View |
| Bathroom Total | 1 |
| Bedrooms Total | 1 |
| Constructed Date | 1974 |
| Heating Type | Forced Air, See Remarks |
| Roof Material | Metal |
| Roof Style | Unknown |
| Stories Total | 1 |
| Size Interior | 768 Ft2 |
| Type | Manufactured Home |
| Utility Water | Municipal Water |
| Acreage | No |
| Current Use | Other |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.61 |
| Size Total | 0.61 Ac|under 1 Acre |
| Size Total Text | 0.61 Ac|under 1 Acre |
| Zoning Type | Unknown |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Full Bathroom | Measurements not available | ||
| Main Level | Primary Bedroom | 11'4'' x 11' | ||
| Main Level | Living Room | 12' x 11' | ||
| Main Level | Kitchen | 17' x 11' |
https://www.realtor.ca/real-estate/28991958/413-edward-street-revelstoke-revelstoke
Contact us for more information
Cynthia Kidd
(250) 837-5121
(250) 837-7020