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$3,800,000
Est. payment /mo
4.35 Acres Lot
UPDATED:
11/08/2024 10:05 PM
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
Subdivision Lancaster Green
MLS® Listing ID A2178313
Originating Board Central Alberta
Annual Tax Amount $26,591
Tax Year 2024
Lot Size 4.350 Acres
Acres 4.35
Property Description
**The site is permit-ready for the development of 77 townhomes with full construction plans and a development permit in place** Multifamily Development Land! 4.35 acres (3.91 net developable) zoned R2 (med. density), this is a prime location in the City of Red Deer! The Red Deer market is in need of two things; affordable housing and new rental accommodation, this site can serve one or both of these categories. Well located in S.E. Red Deer in a new growth area that provides all essential services, schools, shopping, trail systems, and the largest recreation center in Red Deer. This is an area where people prefer to live.
Location
Province AB
County Red Deer
Zoning R2
Exterior
Fence None
Others
Restrictions Utility Right Of Way
Tax ID 91231655
Ownership Private
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Listed by Royal Lepage Network Realty Corp.