$107,500
$120,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
6,250 Sqft Lot
SOLD DATE : 04/11/2025
Key Details
Sold Price $107,500
Property Type Vacant Land
Sub Type Residential Land
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown Innisfail
MLS® Listing ID A2186838
Sold Date 04/11/25
Annual Tax Amount $803
Tax Year 2024
Lot Size 6,250 Sqft
Acres 0.14
Lot Dimensions 50' x 125' As per Town of Innisfail GIS Map
Property Sub-Type Residential Land
Source Central Alberta
Property Description
What an investment / development opportunity! This vacant lot is zoned R-3. As per the Town of Innisfail, R-3 is defined as Residential High Density District. This makes it ideal for multi-family residential development such as apartments, townhouses, condominiums or a 4-Plex. With this in mind, the owner has had the Town of Innisfail install oversized water and sewer lines. This lot is centrally located and within walking distance to schools, banks, downtown shopping and nearby recreational facilities. Another great feature of this lot is that it can be accessed from the front street or from the back alley. With the current housing shortage, this development opportunity may be exactly what you've been looking for! Feel free to drive by and take a look.
Location
Province AB
County Red Deer County
Zoning R-3
Exterior
Fence None
Community Features Fishing, Golf, Lake, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Tennis Court(s), Walking/Bike Paths
Lot Frontage 50.0
Building
Lot Description Back Lane, Cleared, Open Lot, Rectangular Lot
Others
Restrictions Building Restriction
Tax ID 91599554
Ownership Private
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
NEWLY LISTED IN THE CALGARY AREA
- New NW Single Family Homes
- New NW Townhomes and Condos
- New SW Single Family Homes
- New SW Townhomes and Condos
- New Downtown Single Family Homes
- New Downtown Townhomes and Condos
- New East Side Single Family Homes
- New East Side Townhomes and Condos
- New Calgary Half Duplexes
- New Multi Family Investment Buildings
- New Calgary Area Acreages
- Everything New in Cochrane
- Everything New in Airdrie
- Everything New in Canmore
- Everything Just Listed
- New Homes $100,000 to $400,000
- New Homes $400,000 to $1,000,000
- New Homes Over $1,000,000
GET MORE INFORMATION
REVIEWS & TESTIMONIALS
Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.
