413 Edward Street

Prime Multifamily Development Opportunity in Revelstoke! This 0.61-acre property offers excellent potential for multifamily development in a highly accessible location, with the possibility of future land assembly. Fronting Edward Street, just steps from Fourth Street East and across from Southside Market, the site enjoys convenient access to local transit, including the Revelstoke Mountain Shuttle, and is close to everyday amenities. The land slopes to the south, providing great view potential, and sits beside an approved apartment development, supporting continued transition toward higher-density housing. The Official Community Plan designates the site as Medium Density Residential, with rezoning options to R-MD1 (Townhouse, FAR 1.4) or R-MD2 / R-MD3 (Apartment and/or Townhouse, FAR 2.3). The City’s new Zoning Bylaw (April 2025) introduces modern zoning that better reflects current market conditions and typical development patterns, reducing the need for custom zones and the uncertainty that comes with them, and therefore helping to provide clearer development potential and greater certainty for future projects. Within walking and cycling distance to key amenities, this site represents a well-located, policy-supported opportunity for new housing in Revelstoke. Direct link to the current OCP: https://revelstoke.civicweb.net/filepro/documents/?preview=198773 (see 4.6.2. on page 66) (id:54785)