1353 CHERRYWOOD Boulevard, Sparwood, British Columbia V0B2G2

Listing courtesy of Coldwell Banker Executives Realty.

$998,000

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List Price
$998,000
MLS®
10383208
Days on Market
102
Status
ACTIVE
Type
Commercial
Subtype
Recreational
Lot Size Dimensions
1.1
Lot Size
47,916
Subdivision
Sparwood

Property Description

Zoned for a 20 unit, 3 storey ground-oriented townhouse development and has been endorsed by the District for a 39 unit apartment complex as well. Sparwood is in need of multifamily residential accommodation with a vacancy rate of 3.4 % as of 2021 down significantly from 19.2% in 2017. Sparwood has a high demand for workers created by the expansion of Teck Coal the major industry of the area and the workers need accommodation. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Sparwood
Country
Canada
Sewer
Municipal sewage system
Lot Size
47,916

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Calculator source: Real Geeks