9102/9104/lot 3 Of 9108 Mackie Drive,Coldstream, BC V1B1H1
Coldstream, BC V1B1H1
Description
'Senior Living' development property opportunity! This rare offering includes 3 Titles, within the existing (approx. 22 acre) parent property know as Coldstream Meadows. Approx. 8.1 acres of the Land is vacant land, the rest is access & amenities. The zoning is RCD2 - in the desirable North Okanagan, Municipality of Coldstream, & is a site specific zoning that was created to accommodate a Senior's Campus of Care concept w/ Independent Living, Assisted Living, & future Complex Care facilities. This land is unique, mostly flat, & in a beautiful Rural setting, yet only minutes away from urban development. It is located in the ALR, (Agricultural Land Reserve) but due to its long history of institutional use, that pre-dates the ALR, it has received approval, in 2021 (ALC Resolution #371/2021) for a non-farm use, to build up to 463 residential units for seniors care and seniors housing. There are currently 75 (privately owned) residential 55+ strata units, that were built between 2009 and now (these are not for sale ), but the vacant land, & other amenities portions, are being sold by Court Ordered Sale. With zoning approval from Coldstream, a future expansion of up to 388 more residential seniors housing & senior care units, is possible, to bring the total residential units, as approved by the ALC decision, up to a maximum of 463 units. There is currently a great need for quality seniors care & housing, & the NEW Coldstream Meadows has the potential to provide that and more! (id:13843)
Details
| MLS # | 10396687 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 86 |
| Listing Provided By | RE/MAX Vernon | Maria Besso |
Features
| Acreage | 16.94 |
|---|---|
| Water Front | Yes |
| Property View | Mountain view, River view |
Interior
| Fireplace Yes / No | No |
|---|
Exterior
| Lot Features | Treed, Irregular lot size |
|---|
Utilities
| Utilities | Water, Electricity, Cable, Telephone |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 9166 |
|---|
Area Information
| Province | BC |
|---|---|
| City | Coldstream |
| Postal Code | V1B1H1 |
| Listing VS Median (in V1B1H1) | |
Price: $6,500,000 low | high Med: $1,849,900 On site: 86 low | high Med: 136 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Coldstream |
| Postal Code | V1B1H1 |
| Listing VS Median (in V1B1H1) | |
Price: $6,500,000 low | high Med: $1,849,900 On site: 86 low | high Med: 136 | |