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:67517)

• Property Details

  MLS® Number	10396687
  Property Type	Vacant Land
  Neigbourhood	Mun of Coldstream
  AmenitiesNearBy	Public Transit, Park, Recreation
  CommunityFeatures	Rural Setting, Pets Allowed, Seniors Oriented
  Features	Treed, Irregular Lot Size
  RoadType	Paved Road
  ViewType	River View, Mountain View
  WaterFrontType	Waterfront On Creek

• Building

  Type	Other
  UtilityWater	Municipal Water

• Land

  AccessType	Easy Access
  Acreage	Yes
  CurrentUse	Development Residential
  LandAmenities	Public Transit, Park, Recreation
  LandscapeFeatures	Landscaped
  SizeIrregular	16.94
  SizeTotal	16.94 Ac|10 - 50 Acres
  SizeTotalText	16.94 Ac|10 - 50 Acres
  SurfaceWater	Creeks

• Rooms
• Utilities

  Cable	Available
  Electricity	Available
  Telephone	Available
  Water	Available