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9401 80th Ave - South Glens Multi-Family Land
4.55 Acres of Residential Land Offered at $1,763,635 USD in Morinville, AB T8R 0B1
Investment Highlights
- Located within 7 mins of St. Albert
- Opportunity exists for the purchaser to adjust the Area Structure Plan to minimize lot size and maximize velocity and return
- Nearly 300 homes completed and sold in South Glen to date with convenient access to urban amenities
Executive Summary
Property Facts
Price | $1,763,635 USD | Property Type | Land |
Sale Type | Investment | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 4.55 AC |
Price | $1,763,635 USD |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 4.55 AC |
1 Lot Available
Lot
Price | $1,763,635 USD | Lot Size | 4.55 AC |
Price Per AC | $387,612 USD |
Price | $1,763,635 USD |
Price Per AC | $387,612 USD |
Lot Size | 4.55 AC |
Zoned Medium Density Residential (R-3) for the development of a residential ground-oriented multple dwelling project with the possibility of some apartment density.
Description
The Town of Morinville offers convenient access to urban amenities while retaining the characteristics of a vibrant and flourishing rural community. With a population of 9,893 (according to the 2016 census), Morinville defines itself as a healthy business and residential community. Morinville' s residents are young and family oriented and are committed to keeping the town safe and neighbourly. Some of the town' s advantages include: High quality education; wide range of recreational activities; diversity of residential styles; healthy retail business core; solid industrial base; opportunities for business investment and expansion; solid infrastructure and an exciting future. The Town of Morinville is the centre of the Municipal District of Sturgeon County. It serves as the commercial centre for the surrounding district. Its geographical position, combined with a well-developed transportation system, and its proximity to Alberta' s capital, will ensure continued prosperity in the future.
zoning
Zoning Code | R-3 (Medium Density Residential) |
R-3 (Medium Density Residential) |
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9401 80th Ave - South Glens Multi-Family Land
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