Multi-Opportunity Property with Development Potential in Canal Flats, BC! Calling all investors, developers, and horse lovers! This unique 5.5-acre property in Canal Flats offers a wealth of possibilities. Prime location: Situated between the scenic Columbia Lake and the Kootenay River and boasting panoramic views, this property offers an idyllic setting for future development. The usage for the beach/park and boat launch is free for Canal Flats property owners. Current income and idyllic setting: The property currently has a great rental home as well as rental revenue for boarding horses. Exciting development potential: Capitalize on the growing demand for housing in Canal Flats and develop the property for residential use. With 5.5 acres, explore the possibility of subdividing the land into multiple building lots (subject to necessary approvals). A preliminary subdivision plan for 3 and 22 lots is available. The 3 lot subdivision plan was pre-approved in 2017 and would need to be re-submitted for approval. Power and access: The property benefits from existing power and developed access, simplifying any future development plans. Don't miss this rare opportunity to own a versatile property with income potential and exciting development possibilities in the heart of beautiful Canal Flats! For more information or to schedule a viewing, contact me (Max Powers) or your real estate agent. (29329896)
Property Type
Single Family
Neighbourhood Name
Canal Flats
Land Size
5.48 ac|5 - 10 acres
Annual Property Taxes
$0 (CAD)
Time on REALTOR.ca
190 days
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. The Canadian Real Estate Association does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.