What an investment / development opportunity! This vacant lot and the one next to it are zoned R-3. As per the Town of Innisfail, R-3 is defined as Residential High Density District, which allows for multi-family residential development such as apartments, townhouses and condominiums. 5143 - 48 Street LOT HAS BEEN UPGRADED TO INCLUDE 6" OVERSIZED WATER AND SEWER LINES. This lot is centrally located and within walking distance to schools, banks, downtown shopping and nearby recreational facilities. This lot can be accessed from the street or from the back alley. With the current housing shortage, this development opportunity may be exactly what you've been looking for!
Property Type:
Land
Property Sub Type:
Residential Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Lot Area:
6,250 sq. ft.580.64 m2
Lot Details:
50' X 125' AS PER TOWN OF INNISFAIL GIS MAP
Bathrooms:
-
(Full:-, Half:-)
Plan:
RN14 (XIV)
Ensuite:
No
Garage:
0
Central Innisfail (Innisfail)
N/A
Building Restriction
Title to Land:
Fee Simple
Community Features:
Golf, Lake, Pool, Schools Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Listed by RE/MAX real estate central alberta - Innisfail
Data was last updated September 28, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$825,000
Min list price:
$108,801
Max list price:
$7,800,000
Avg days on market:
241
Min days on market:
53
Max days on market:
744
These statistics are generated based on the current listing's property type
and located in
Innisfail. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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. Used under license.