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Investment Highlights

  • Cleared and elevated to meet 200-year floodplain standards
  • Development-ready site with strong community connectivity
  • Located on Terrace’s Southside near the regional hospital
  • Walking distance to primary schools and essential services
  • Municipal support in place for up to 12 residential units

Executive Summary

A rare opportunity to create a residential community in Terrace’s desirable Southside neighborhood. The property benefits from municipal support for up to 12 residential units, providing a clear path for multi-unit development. The lot has been fully cleared and elevated to meet 200-year floodplain requirements, reducing risk and ensuring compliance with local regulations.
Located just a few blocks from the regional hospital and within walking distance to primary schools, the site offers convenience and accessibility for future residents. Its proximity to essential services, healthcare, and education makes it an attractive option for developers targeting family-oriented housing or multi-unit projects.

Property Facts

Price $699,000 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.66 AC

1 Lot Available

Lot

Price $699,000 CAD
Price Per AC $1,059,090.91 CAD
Lot Size 0.66 AC

0.66 acre lot of land

Description

The property is located in Terrace, British Columbia, on the Southside area. It is within close proximity to the regional hospital and primary schools. The lot has been cleared and elevated to comply with 200-year floodplain requirements. Municipal support exists for a residential development of up to 12 units.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 39837372

  • Date on Market: 2026-03-19

  • Last Updated:

  • Address: 2404 Kenney St, Terrace, BC V8G 3E3

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