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2804 227 Avenue Northeast - Potential Immediate Neighbourhood Development 442.65 Acres of Residential Land Offered at $19,919,205 CAD in Edmonton, AB T5Y 6H5

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INVESTMENT HIGHLIGHTS

  • Immediate tie-in potential to the Northeast Regional Trunk Sewer (NERTS), making it ideal for development.
  • Great views of the North Saskatchewan River and ravine, enhancing the site’s appeal for future projects.
  • Designated for residential development within the Horse Hills Area Structure Plan.

EXECUTIVE SUMMARY

This property holds tremendous development potential within the Horse Hills Area Structure Plan, where it is largely designated for residential development. With immediate tie-in potential to the Northeast Regional Trunk Sewer (NERTS), as shown in ASP’s Figure 15, the site is primed for growth and infrastructure connection. The generally flat topography makes it well-suited for large-scale residential projects.

PROPERTY FACTS

Price $19,919,205 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Commercial
Total Lot Size 442.65 AC
Zoning AG - Agriculture

1 LOT AVAILABLE

Lot

Price $19,919,205 CAD
Price Per AC $44,999.90 CAD
Lot Size 442.65 AC

442.65 acres of raw land with potential for a neighborhood development.

DESCRIPTION

This property offers immediate tie-in potential to the Northeast Regional Trunk Sewer (NERTS), as outlined in ASP's Figure 15. Located within the Horse Hills Area Structure Plan, the land is largely slated for residential development, making it an ideal location for future growth. The property features prestigious views of the North Saskatchewan River and ravine, providing a scenic and desirable setting. With generally flat topography, the land is well-suited for various development projects. The seller is open to considering Vendor Take-Back Mortgages (VTBs), offering additional flexibility for potential buyers. The property is just a 7-minute drive from Manning Town Centre and only 4 minutes from Fort Saskatchewan, ensuring convenient access to nearby amenities and services.

  • Listing ID: 31690628

  • Date on Market: 2024-05-03

  • Last Updated:

  • Address: 2804 227 Avenue Northeast, Edmonton, AB T5Y 6H5

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