9102/9104/lot 3 Of 9108 Mackie Drive Coldstream, British Columbia V1B 1H1
$6,500,000
'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:63476)
Property Details
| MLS® Number | 10396687 |
| Property Type | Vacant Land |
| Neigbourhood | Mun of Coldstream |
| Amenities Near By | Public Transit, Park, Recreation |
| Community Features | Rural Setting, Pets Allowed, Seniors Oriented |
| Features | Treed, Irregular Lot Size |
| Road Type | Paved Road |
| View Type | River View, Mountain View |
| Water Front Type | Waterfront On Creek |
Building
| Type | Other |
| Utility Water | Municipal Water |
Land
| Access Type | Easy Access |
| Acreage | Yes |
| Current Use | Development Residential |
| Land Amenities | Public Transit, Park, Recreation |
| Landscape Features | Landscaped |
| Size Irregular | 16.94 |
| Size Total | 16.94 Ac|10 - 50 Acres |
| Size Total Text | 16.94 Ac|10 - 50 Acres |
| Surface Water | Creeks |
Utilities
| Cable | Available |
| Electricity | Available |
| Telephone | Available |
| Water | Available |
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August 05 2026 10:52:51
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