Recreational

1353 CHERRYWOOD Boulevard

Sparwood, BC

MLS® 10383208 · 146 days on market

$998,000

1.1 acres

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Description

Zoned for a 20 unit, 3 storey ground-oriented townhouse development and has been endorsed by the District for a 39 unit apartment complex as well. Sparwood is in need of multifamily residential accommodation with a vacancy rate of 3.4 % as of 2021 down significantly from 19.2% in 2017. Sparwood has a high demand for workers created by the expansion of Teck Coal the major industry of the area and the workers need accommodation. (id:63159)

Property Details

Property & Lot

Sub-type
Other
Lot size
1.1 acres
Title
Freehold

Building & Utilities

Water source
Municipal water
Sewer
Municipal sewage system
Utilities
Water, Natural Gas, Electricity, Telephone
Parcel ID (PID)
029-425-204
Annual property tax
$1,202
Brokerage
Coldwell Banker Executives Realty

Location Insights

Population

4,148

(2021 Census)

+9.6% since 2016

Density
21.7/km²
Dwellings
2,183
Median household income
$112,000
After-tax
$93,000
Immigrant population
6.3%

Top countries of origin

  • United Kingdom0.8% · 35
  • United States of America0.6% · 25
  • Poland0.4% · 15
  • Philippines0.4% · 15
  • Germany0.2% · 10
  • Netherlands0.2% · 10
  • South Africa, Republic of0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Weather

Mostly Cloudy

18°C

Mostly Cloudy

Humidity 56%

Wind S 18 km/h

Today

20°

Tonight

Thursday

20°

Thursday night

Friday

16°

Friday night

Source: Environment and Climate Change Canada.

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