**Development opportunity** This R5 zoned High Density Residential lot is centrally located and offers stunning views of the city and Shuswap Lake. The property comes with prior approvals and plans in place for a 3-storey, 22-unit residential building. A covenant registered on title permits a building height of up to four storeys plus a basement, providing added flexibility for future development. Previously held development permits streamline the path to construction, making this an ideal project for investors or developers looking to meet the growing housing demand in this vibrant community. Less than a one-minute drive to the hospital and less than five minutes to the waterfront and famous Salmon Arm Wharf. Offered at $659,000, this is a rare opportunity to secure a prime piece of real estate in one of BC’s most desirable communities. (id:55581)