Description
YOUR DREAM HOME or INVESTMENT ON THIS CORNER LOT in the highly desirable PARSONS CREEK community!This vacant lot offers an incredible opportunity to build in one of Fort McMurray’s newest and most sought after residential areas. Ideally located close to schools, parks, and scenic walking trails, with quick access to all essential amenities.This property offers strong DEVELOPMENT POTENTIAL, including the option to build a TRIPLEX or a MULTIFAMILY BUILDING WITH A MINIMUM OF 5 UNITS, subject to city approval. This type of development may qualify for CMHC MULTI UNIT FINANCING, which can include as little as 5 percent down payment and amortization up to 25 to 50 years depending on program eligibility.Rear lane access provides additional flexibility for future parking solutions, making this a highly versatile investment opportunity.This lot can also be purchased together with MLS A2290168 and A2290166. Combined, the lots offer expanded development potential and greater flexibility for larger scale multifamily planning, subject to final city approval.Disclosure: Seller is a licensed real estate agent in the province of Alberta. Floor plans are available for serious buyers.Don’t miss this rare opportunity to secure a high potential development site in a growing community.
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0.07ACRES
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01/2 BATHS
School Ratings & Info
Description
YOUR DREAM HOME or INVESTMENT ON THIS CORNER LOT in the highly desirable PARSONS CREEK community!This vacant lot offers an incredible opportunity to build in one of Fort McMurray’s newest and most sought after residential areas. Ideally located close to schools, parks, and scenic walking trails, with quick access to all essential amenities.This property offers strong DEVELOPMENT POTENTIAL, including the option to build a TRIPLEX or a MULTIFAMILY BUILDING WITH A MINIMUM OF 5 UNITS, subject to city approval. This type of development may qualify for CMHC MULTI UNIT FINANCING, which can include as little as 5 percent down payment and amortization up to 25 to 50 years depending on program eligibility.Rear lane access provides additional flexibility for future parking solutions, making this a highly versatile investment opportunity.This lot can also be purchased together with MLS A2290168 and A2290166. Combined, the lots offer expanded development potential and greater flexibility for larger scale multifamily planning, subject to final city approval.Disclosure: Seller is a licensed real estate agent in the province of Alberta. Floor plans are available for serious buyers.Don’t miss this rare opportunity to secure a high potential development site in a growing community.