Prime Multifamily Development Opportunity in Revelstoke! Ideally located across from Southside Market and within walking distance to downtown, this 0.61-acre property offers exceptional potential for multifamily development in a highly accessible and evolving neighbourhood. Fronting Edward Street, just steps from Fourth Street East, the site provides convenient access to local transit, including the Revelstoke Mountain Shuttle, and is close to schools, shops, and recreation. The gently south-sloping land offers excellent view potential and sits beside an approved apartment development, reinforcing the areaâs transition toward higher-density housing. The Official Community Plan designates the property Medium Density Residential, supporting consideration of rezoning to R-MD1 (Townhouse, FAR 1.4) or R-MD2 / R-MD3 (Apartment and/or Townhouse, FAR 2.3). The Cityâs modernized Zoning Bylaw (April 2025), together with recent provincial legislation removing the requirement for a public hearing for OCP-consistent rezonings, positions the property within a clearer and more streamlined approval framework relative to prior processes. Overall, this is a well-located, policy-supported opportunity to secure a strategically positioned multifamily site in one of Revelstokeâs established residential areas. (id:27476)
