Prime Multifamily Development Opportunity in Revelstoke! Ideally located across from Southside Market and within walking distance to downtown, this 0.61-acre property offers excellent potential for multifamily development in a highly accessible location. The adjoining 419 Edward Street, separately listed & owned, presents an opportunity for a combined 1.10-acre lot assembly. Fronting Edward Street, just steps from Fourth Street East, the site offers convenient access to local transit, including the Revelstoke Mountain Shuttle, and is close to schools, shops, and recreation. The gently south-sloping land provides excellent view potential and is located beside an approved apartment development, reinforcing the area’s transition toward higher-density housing. The Official Community Plan designates the 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). The City’s new modernized Zoning Bylaw (April 2025) that better aligns with current market conditions and typical development patterns, combined with recent provincial changes that remove the need for a public hearing for OCP-consistent rezonings, provides for streamlined approvals and greater clarity and certainty for future projects. Overall, the property offers a well-located, policy-supported opportunity for multifamily development in Revelstoke, with the potential of lot assembly to further enhance development potential. Direct link to the current OCP: https://revelstoke.civicweb.net/filepro/documents/?preview=198773 (see Section 4.6.2, page 66). (id:44056)

Property Details

Full Address:
413 Edward Street, Revelstoke, British Columbia
Price:
$ 1,390,000
MLS Number:
10363084
List Date:
October 15th, 2025
Lot Size:
0.61 ac
Year Built:
1974
Taxes:
$ 2,799

Interior Features

Bedrooms:
2
Bathrooms:
1
Heating:
Forced air, See remarks

Building Features

Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Metal, Unknown
Garage Spaces:
2
Ownership Type:
Freehold
Taxes:
$ 2,799

Floors

Finished Area:
768 sq.ft.

Land

View:
Mountain view
Lot Size:
0.61 ac
Current Use:
Other

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Cynthia Kidd
RE/MAX Revelstoke Realty

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