BUILDER/DEVELOPMENT OPPORTUNITY directly in the town of Claresholm - ZONED R4 - 1.19 ACRES . This prime multi family site is located directly across from Centennial Park. Long term investment and revenue potential with a proposed 40 unit site for this location. There is room to build 5 - 8 plexes on this site with the choice of developing the lower level as a basement suite creating additional revenue to the homeowner or landlord. Ideal scenario with options to sell the unit or to rent out for perpetual income. Build and sell or rent as you develop. This multi family site presents an opportunity to have an immediate return on your investment. Located an hour and a half drive South of Calgary and 1 hour North of Lethbridge, the town of Claresholm offers a hospital , doctors and medical services, all levels of schooling, daycares, veterinary clinics and many restaurants and stores. Located in the Municipal District of Willow Creek it is located on the CANAMEX corridor, a 6,000 kilometre trade corridor that is the cornerstone for transportation of goods, services, people and information between Western Canada, the U.S. and Mexico. Claresholm is the only community in Alberta to be selected to participate in the RNIP Program. (Rural & Norther Immigration Pilot Program) Claresholm is the only municipality in Alberta that can recommend immigrants for permanent residence. Don't wait! Smaller parcels - zoned R4 within a growing community don't come up very often. (5501537)
Property Type
Vacant Land
Land Size
1.19 ac|1 - 1.99 acres
Age Of Building
Age is unknown
Annual Property Taxes
$2,260 (CAD)
Time on REALTOR.ca
1066 days
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