This vacant land in Rural Forty Mile No. 8, County of offers a 1.29 ac lot. The property has lot dimensions of 56000.00.
An opportunity to invest in residential development in the hamlet of Winifred. This expansive parcel (a whole block) offers approximately 400 ft. of frontage by 140 feet deep with potential to be subdivided into multiple smaller lots (subject to municipal approvals), making it a prospect for developers, builders or individuals looking to create their own custom project. This bare land parcel offers flexibility and potential for a variety of development options. Whether you're considering a small residential subdivision, custom homes or holding as a long-term investment, the possibilities here are extensive. Land opportunities like this are increasingly hard to find in the area. (id:60351)
Located in Rural Forty Mile No. 8, County of, Alberta, this expansive parcel of land presents a unique opportunity for investors and developers looking to establish a presence in the hamlet of Winifred. The property encompasses approximately 400 feet of frontage by 140 feet deep, offering substantial potential for subdivision into multiple smaller lots, subject to municipal approvals. This versatile piece of bare land is ideal for those considering residential development options such as small subdivisions or custom-built homes. With its expansive size and prime location, this property stands out as an attractive long-term investment opportunity in a market where similar opportunities are increasingly rare. For developers and builders seeking flexible development options, this parcel represents a valuable asset with significant potential for future growth and profitability.
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Listed by DENISE FODE, RE/MAX MEDALTA REAL ESTATE
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Listing represented by DENISE FODE, RE/MAX MEDALTA REAL ESTATE · MLS# A2305604
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.