5901 50 Avenue, Rural Red Deer County, Alberta T4G 1R7

$4,200,000
List Price
$4,200,000
Status
ACTIVE
MLS® #
A1077079
Days on Market
257
Area
Rural Red Deer County

Property Description

HOME SWEET HOME DEVELOPMENT OPPORTUNITY!!!! 139 Acres of PRIME Residential Mixed Development land with 1785 FEET FRONTAGE ON Dodd’s Lake Shoreline right in the Heart of Innisfail Alberta. This unique property is an Excellent investment and Development opportunity. An Extensive study with outline plan is in place with the current local ASP. The Plan includes approximately 310 single detached dwellings, 65 semi-detached dwellings, 104 row housing units and 257 apartment units with a small neighborhood commercial parcel included in the plan. The properties wetlands and creek only add to the charm that this neighborhood will be developed into. Zone RD (Reserved for future development within Innisfail current ASP). Don’t miss this rare opportunity TO PUT 936 FAMILIES INTO NEW HOMES IN INNISFAIL ALBERTA! Brochures and Plans available.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of CENTURY 21 BAMBER REALTY LTD..

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .