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2660 22 St - Lancaster Green Multi-Family 4.35 Acres of Residential Land Offered at $3,800,000 CAD in Red Deer, AB T4R 3P4

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PROPERTY FACTS

Price $3,800,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 4.35 AC
Zoning R2 - Medium Density Multi Family

1 LOT AVAILABLE

Lot

Price $3,800,000 CAD
Price Per AC $873,563.22 CAD
Lot Size 4.35 AC

Site is permit-ready for the development of 77 townhomes with full construction plans & development permit in place. Multifamily Development Land 4.35 acres (3.91 net developable) zoned R2 (med. density),prime location in the City of Red Deer!

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.

  • Listing ID: 32211447

  • Date on Market: 2024-06-21

  • Last Updated:

  • Address: 2660 22 St, Red Deer, AB T4R 3P4

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