JN REAL ESTATE GROUP

Parsons North

FOR SALE

$239,900

PURCHASE PRICE

221 Heritage drive , Fort McMurray · T9K 0X9

RESIDENTIAL LAND

MLS A2290166 · 129 DAYS ON MARKET

Interested in this commercial property?

JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

ABOUT THIS PROPERTY

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.

DETAILS

TRANSACTION

TRANSACTION
For Sale

BUILDING

TYPE
Residential Land

LOT & EXTERIOR

LOT SIZE (SQFT)
3,702
LOT SIZE (ACRES)
0.08
FENCING
None

COMMUNITY

COMMUNITY
Parsons North
ZONING
ND
POSTAL CODE
T9K 0X9

UTILITIES & COSTS

ANNUAL TAXES
$684

LISTING COURTESY OF FATIMA MIAN · RE/MAX CONNECT

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.