19-29, 441 Millennium Drive, Fort McMurray, Alberta T9K 2Z4

Listed for:
$125,000
0 beds
0 baths
Listed 44 days ago
19-29, 441 Millennium Drive, Fort McMurray, Alberta T9K 2Z4

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About

OPPURTUNITY TO BUILD MULTI FAMILY IN A MARKET WHERE AFFORDABLE LIVING IS NEEDED. 10 remaining lots in the complex of THE WOODS, in Timberlea. This project has been started and 31 units have been completed to date. The completed units consist of 2 Storey town homes with Attached Double and Single car garages and square footage as large as 1561. The most recent sale was sold at $378,000 and was a mid-size unit. The current builder has been building homes in Fort McMurray for over 20 years but is wanting to give another developer/builder an opportunity to complete this project as Qualico is stationed out of Edmonton and has moved their focus to building locally where their head office and manpower are. This is an incredible opportunity for a builder to take advantage of the Multifamily market in Fort McMurray, which is the only market that has seen price increases in recent years. These increases have come from large demand from Investors that have entered our market as there is such an opportunity to create cash flow. Whether you are looking to cash in on selling these units for profits after building or setting up a pool of rentals to cash in on our high rental prices. Call for more details and see link for Brochure information from when previous units were sold. (id:27476)

Property Highlights

MLS® Number
A2276492
Type
Vacant Land
Community Name
Timberlea
Ownership Type
Freehold
Land Size
0.28 hec|21,780 - 32,669 sqft (1/2 - 3/4 ac)

Building

Amenities
Park, Playground, Schools
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
COLDWELL BANKER UNITED
MLS® number:
A2276492
Agent:
Lisa Hartigan
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