502 11TH AVENUE | 68-Unit Fully Zoned Multi-Family Development Opportunity
502 11th Ave | Castlegar BC
$990,000.00
The Opportunity
RLK Commercial is pleased to present 502 11th Avenue, a compelling multi-family development opportunity in Castlegar, British Columbia.
Positioned on the edge of Castlegar’s downtown core within an established residential neighbourhood, the Property combines a central location with meaningful development work already completed. The site is minutes from grocery, shopping, schools, parks, recreation, healthcare services and key transportation routes, creating a strong foundation for a well-located residential project.
The offering provides developers and investors with the opportunity to advance a substantial residential project while benefiting from Castlegar’s diversified employment base, near-zero residential availability driving strong market rent growth, and attractive West Kootenay lifestyle. Major regional employers include Mercer Celgar, Kalesnikoff, Selkirk College, Interior Health, government institutions and a strong industrial sector servicing Trail’s Teck Operations just 20 minutes away.
With zoning approvals and a significant package of technical, design and planning documentation already assembled, 502 11th Avenue offers a head start toward bringing much-needed new housing to the Castlegar market.
Property Details
Property Type: |
Multi-Family Development Site |
Address: |
502 11th Ave | Castlegar BC |
Land Area: |
1.48 acres |
Presented By
Tristan Chart PREC*
250.777.7493
tristan@tristanchartcommercial.com
Property Details
| Address | 502 11th Avenue, Castlegar BC |
| Zoning Status | Zoning Approved |
| Site Area | 1.48 acres |
| Proposed Units | 68 |
| Parking Requirement | 1.16 stalls per unit |
| PID | 023-747-013 |
| Legal Description | LOT B DISTRICT LOT 11975 KOOTENAY DISTRICT PLAN NEP 59024 |
Location Overview
Castlegar is strategically located at the confluence of the Columbia and Kootenay Rivers and serves
as a key West Kootenay hub between Nelson and Trail. The community benefits from a diversified
employment base that includes Selkirk College, Mercer Celgar, Kalesnikoff, Interior Health, Teck
regional operations, government services and a growing commercial sector. Direct access to
Highways 3 and 22, together with the West Kootenay Regional Airport, provides strong regional
connectivity.
For residential developers, Castlegar offers a compelling combination of established employment,
strong market rent growth and exceptional quality of life. Residents enjoy convenient urban amenities
alongside year-round access to hiking, mountain biking, skiing, fishing, golf and the broader outdoor
recreation of the West Kootenay region.
