PRIME Land Development Opportunity.This amazing parcel of 73+/- acres of land, in the PRIORITY GROWTH AREA for the CAPITAL REGION, is an excellent investment property for savvy investors and extended family groups.It is slated for 25 to 35 Dwelling Units per Net Residential Hectare (about 10 Dwelling Units per Acre); High Density Residential; similar to the Residential Developments along Ellerslie Road such as Summerside: a mix of single family residences, Duplexes, Townhouses and Condos. Location, Location, Location:Ideally located a mile and a quarter from Beaumont and two and a half miles from Edmonton. Between Eagle Rock and Coloniale Golf Courses; across the road from an Equestrian Centre.
Land, Land, Land:
Great potential for development with Capital Region's exploding growth. With Executive Estate lots a disappearing commodity & the Demand for Luxury Estates Increasing, this is the PERFECT STRATEGIC LOCATION to create a generational estate.
Many Million Dollar Plus Homes are in the area.
Development, Development, Development:
GREAT DEVELOPMENT OPPORTUNITY.
Absolute stunning Piece of Land. Never a better time to build your Generational Estate on this extraordinary parcel while the cost of construction is down and trades are more available.
Imagine the PROFITS.
Profits, Profits, Profits:
Show a Profit Right away by Purchasing this Land and Selling UNDIVIDED INTERESTS for $20,000 a quarter acre.
Do not overlook the $750,000 Capital Gains Exemption per family member for actively farmed properties. (Check with your Tax Advisor for applicable conditions).
FARM LAND INTEREST RATES ARE STILL IN 3-4% RANGE through Farm Credit Canada.
A Fantastic Investment Property at a significantly reduced price, great value at only $40,000 per acre, comparable properties selling for $60,000 per acre!
Absolutely SPECTACULAR, take the short drive East of Beaumont to
23554 Township Road 505 with exceptional access to Anthony Henday, Edmonton, Nisku and Beaumont.
Access to all amenities including the Airport, shopping, great schools & more, makes this Land an obvious INVESTMENT FOR DEVELOPMENT choice.
Call 780 991 5267 email clivemcnichol@yahoo.ca ComFree 31476
Pertinent information
Ideally located a mile and a quarter from Beaumont and two and a half miles from Edmonton, between Eagle Rock and Coloniale Golf Courses and across the road from an Equestrian Centre.
Lot Size
73 Acres