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116 3 St SW
Sundre, AB T0M 1X0
Land For Sale
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0.93 AC
Investment Highlights
- Sundre is a centre hub of activity being only 93 km from Calgary and 95 km from Red Deer.
- Corner lot.
- With all amenities and services, access to nature, and an abundance of recreation, Sundre offers a super quality of living.
- Includes the underground parking, with a phase one environmental, design, permits, concrete, inspections and development being done.
Executive Summary
Proposed three storey mixed use apartment development with ground level commercial bay on a 0.937 acre flat, centrally located site along Cowboy Trail with exposure to approximately 20,540 vehicles per day. All key predevelopment items including underground parking, Phase I environmental, design, permits, concrete and inspections are already completed, offering a buyer a shovel ready multifamily project in a municipality with a permanent population of 2,729, a trade area of 8,000 and a summertime population of roughly 12,000. Sundre is only about 93 kilometers from Calgary and 95 kilometers from Red Deer and functions as a regional hub that actively supports business growth and is in strong need of additional rental housing, creating an attractive opportunity for both developers and long term investors.
Property Facts
1 Lot Available
Lot
| Price | $1,079,137 USD | Lot Size | 0.93 AC |
| Price Per AC | $1,160,362.04 USD |
| Price | $1,079,137 USD |
| Price Per AC | $1,160,362.04 USD |
| Lot Size | 0.93 AC |
Available for owner development or the proposed Residential/ Commercial plan. 0.937 acres of land centrally located by Cowboy Trail. Includes the underground parking, with a phase one environmental, design, permits, concrete, inspections and develop.
Description
Proposed 3 storey apartment complex on 0.937 acres of land centrally located by Cowboy Trail with a Average Annual Daytime Traffic count of 20,540 vehicles.
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