9102/9104/lot 3 Of 9108 Mackie Drive, Coldstream, British Columbia

$6,500,000

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16.94

Acres

About 9102/9104/lot 3 Of 9108 Mackie Drive

'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:6289)

9102/9104/lot 3 Of 9108 Mackie Drive, MLS#: 10396687 is located in the Mun of Coldstream neighborhood of Coldstream, British Columbia, Postal Code: V1B1H1. The property is 17 acres in total.

The vacant land is currently listed at $6,500,000 and recently experienced a price increase of $6500000 on 0000-00-00 00:00:00..

Features of 9102/9104/lot 3 Of 9108 Mackie Drive

Listing # 10396687
Price $6,500,000
Acres 16.94
Type Vacant Land
Sub-Type Other

Community Information: Coldstream

Address 9102/9104/lot 3 Of 9108 Mackie Drive
Subdivision Mun of Coldstream
City Coldstream
Province British Columbia
Postal Code V1B1H1

Amenities of 9102/9104/lot 3 Of 9108 Mackie Drive

Utilities Water, Electricity, Cable, Telephone
Features Treed, Irregular lot size
View Mountain view, River view
Is Waterfront Yes
Waterfront Waterfront on creek
Has Pool No

Interior of 9102/9104/lot 3 Of 9108 Mackie Drive

Fireplace No
Has Basement No

Exterior of 9102/9104/lot 3 Of 9108 Mackie Drive

Lot Description 16.94

Listing Details

OfficeRE/MAX Vernon

Map To 9102/9104/lot 3 Of 9108 Mackie Drive, Coldstream

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