An exceptional investment and development opportunity awaits in one of British Columbia's emerging growth markets. This strategically located development site in Merritt offers investors and builders the rare advantage of approved zoning and significant preliminary work already completed. As more British Columbians seek the affordability and lifestyle of communities beyond the Lower Mainland, Merritt continues to experience growing demand for housing. Ideally located just two hours from Metro Vancouver and approximately one hour from both Kamloops and Kelowna, the city is well positioned for continued growth. The property is zoned for a master-planned development of up to 250 residential units, including single-family homes, condominiums, and a hotel (see supplements). The current owners have secured a water supply through a joint venture with a local company utilizing provincial financing, while sewer and power services are nearby. Proposed site plans, architectural renderings, and preliminary civil engineering by a respected Kelowna engineering consulting firm are available to qualified purchasers through an (NDA). The owners are also willing to consider a joint venture partnership or vendor financing with a qualified developer, creating additional flexibility for the right buyer. All measurements and information are believed to be accurate but should be independently verified by buyers or their representatives if deemed important. (id:2493)
Data was last updated August 11, 2026 at 09:45 PM (UTC)
Area Statistics
Listings on market:
66
Avg list price:
$255,000
Min list price:
$99,000
Max list price:
$9,900,000
Avg days on market:
118
Min days on market:
4
Max days on market:
891
These statistics are generated based on the current listing's property type
and located in
Merritt. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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