Prime multi-family residential development opportunity in the stable, growing central Alberta community of Olds. This 2.23-acre serviced bare land parcel is cleared, level, and completely shovel-ready. Featuring a desirable R3 Medium Density Residential zoning, the site supports a variety of build options, including low-rise apartments, townhouses, stacked units, or seniors independent living. Highly strategic location directly adjacent to the Cornerstone Shopping Centre commercial anchor and within easy walking distance to local pathways and sports fields. All essential utilities (water, sanitary, storm drainage, natural gas, power, and telecom) are already at the lot line, meaning no infrastructure costs to carry. A full 59-sheet professional drawing package for an apartment-style building is available to qualified purchasers, offering a significant design head start. With a critically low rental vacancy rate of 0.6% and consistent 3% population growth, this property is perfectly positioned to meet intense local housing demand. (id:50955)
| MLS® Number | A2344367 |
| Property Type | Vacant Land |
| Plan | 0914758 |
| Age | Age Is Unknown |
| Acreage | Yes |
| Fence Type | Not Fenced |
| Size Depth | 33.59 M |
| Size Frontage | 204.57 M |
| Size Irregular | 2.23 |
| Size Total | 2.23 Ac|2 - 4.99 Acres |
| Size Total Text | 2.23 Ac|2 - 4.99 Acres |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/30260935/4403b-67a-avenue-olds
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. 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. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)