Property Details

4403B 67A Avenue
Olds (A2344367)

$950,000
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

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.

Property details

Basic Info

MLS® #
A2344367
Property Type:
Land
Subtype:
Residential Land
Subdivision:
NONE
Price
$950,000
Sale/Lease:
For Sale

Building Info

Garage:
No
Basement:
No
Inclusions:
None

Lot / Land Info

Lot Size:
2 acres
Zoning:
R3

Listing Info

Possession:
Immediate
Days on Market:
21
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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