4403B 67A Avenue
Olds, Alberta
MLS® A2344367
$950,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- A2344367
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 7Listing description
Prime multi-family residential development opportunity in the stable, growing central Alberta community of Olds. This 2. 23-acre serviced bare land parcel is cleared, level, and completely shovel-ready.
Featuring a desirable R3 Medium Density Residential zoning, the site supports a variety of build options, including low-rise apartments, townhouses, stacked units, or seniors independent living. Highly strategic location directly adjacent to the Cornerstone Shopping Centre commercial anchor and within easy walking distance to local pathways and sports fields. All essential utilities (water, sanitary, storm drainage, natural gas, power, and telecom) are already at the lot line, meaning no infrastructure costs to carry.
A full 59-sheet professional drawing package for an apartment-style building is available to qualified purchasers, offering a significant design head start. With a critically low rental vacancy rate of 0. 6% and consistent 3% population growth, this property is perfectly positioned to meet intense local housing demand.
Property summary
- MLS® number
- A2344367
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 2.23 acres
- Annual property taxes
- $8,699.00
- Days on market
- 15 days
What would this home cost you?
Based on the $950,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Century 21 Masters, Airdrie.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.