419 EDWARD STREET, Revelstoke, British Columbia V0E2S0

Prime Development Opportunity with Home and Garage/Shop in Central Revelstoke! On 0.49 acres, this property offers over 1,400 sq. ft. of comfortable living space featuring 2 bdrms, 2 baths, covered carport, Shop/Garage. Ideally located across from Southside Market and close to downtown amenities, this site offers exceptional potential for redevelopment or investment. The property can be purchased on its own or purchase adjoining land at 413 Edward Street, ( Separately listed & owned) creating the potential combined 1.10-acre lot assembly in a prime multifamily development area. Fronting Edward Street and just steps from Fourth Street East, the location offers convenient access to local transit, including the Revelstoke Mountain Shuttle. The gently south-sloping land provides excellent view potential and is situated next to an approved apt. development, reinforcing the area’s transition toward higher-density housing. The Official Community Plan designates this 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). Under the City’s new Zoning Bylaw (April 2025), developers benefit from a streamlined approval process and increased clarity around development standards. Within walking and cycling distance to schools, shops, and recreation, this property represents a well-located, policy-supported opportunity for new housing or future redevelopment in Revelstoke’s growing market. (id:39198)