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Renanza Realty
For sale

5128 & 5124 56 Street

Innisfail, Alberta

MLS® A2334296

$750,000

Status
Active
Property type
Vacant land
MLS® number
A2334296
Bedrooms
Bathrooms
Year built

Listing description

Innisfail is rapidly emerging as a highly attractive and affordable real estate market. This is a unique opportunity for LAKEFRONT development of multiple homes, a multi family building or just an exclusive and expansive estate. Currently zoned R-3 and located on the south shore of picturesque Dodd’s Lake, this 2 title 2.

096 acre lot provides ownership right to the lake shore. Dodd’s Lake is used for non motorized boating, kayaking, paddle boarding, swimming or fishing. The lake is stocked with rainbow and tiger trout annually.

The lot gently slopes toward the lake and would provide for some walk out basement homes depending on configuration of the development. Seller’s have done some preliminary planning with the the town of Innisfail to put a “condo” development with 7 homes on the lot, to which the town was amenable. The town is already focusing on improving the area with a structure plan on the north shore for more residential development.

The east boundary backs to an historical home and there are new homes under development in the area…. This is an up and coming property with RARE lakefront availability.

Property summary

MLS® number
A2334296
Property type
Vacant Land
Title
Freehold
Land size
2.1 acres
Annual property taxes
$5,113.60
Days on market
21 days

What would this home cost you?

Based on the $750,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,490 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Century 21 Advantage, Red Deer.

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.