

About This Property
Development Opportunity in Rossland. A remarkable 5 acres of prime real estate is available in the residential area of Rossland, featuring 1.5 acres zoned for multi-family (condo or townhomes) and 3.5 acres designated as parkland. The location is on the eastern flank of town, between Happy Valley acreages and the mature Pinewood neighbourhood. This is a development opportunity that includes plans for 18 luxury and energy efficient condo townhomes, complete with engineering, building plans, and marketing materials. Five beautiful and modern buildings featuring two and three-bedroom suites with elevated decks, great views and covered parking; a beautiful project. Designed with sustainability at the forefront, these homes would adhere to the BC Energy Step Code 5 and are net-zero ready. The balance of 3.5 acres of natural parkland will remain untouched, preserving existing walking trails for everyone to enjoy. (id:64973)
The $639,900 asking price for this 5-acre development opportunity in Rossland translates to $127,980 per acre, which appears reasonable given the prime location and zoning flexibility. This property is best suited for experienced real estate developers seeking to capitalize on the growing demand for multi-family housing in the desirable Rossland market.
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