$1,275,000, Chestermere, 4 Beds - Excellent 1.49 acre development parcel with 600 feet of frontage onto Rainbow Road. Backing onto the canal and government reserve with a mountain view this is a great location for a multi-family unit. In the Edgewater Area Structure plan as high density multi-family would hold 54 units. This would also be a great seniors site or a great location for commercial as it is located on one of the main collector routes in Chestermere. Please do not walk on property or bother tenants. Showings subject to acceptable offer.

  $1,275,000

Single Family Home
4 Bedrooms
2 Full Bathrooms
1 Half Bathroom
Interior: 1,140 sqft
Year Built: 1990


More Information

Excellent Development Potential

Excellent 1.49 acre development parcel with 600 feet of frontage onto Rainbow Road. Backing onto the canal and government reserve with a mountain view this is a great location for a multi-family unit. In the Edgewater Area Structure plan as high density multi-family would hold 54 units. This would also be a great seniors site or a great location for commercial as it is located on one of the main collector routes in Chestermere. Please do not walk on property or bother tenants. Showings subject to acceptable offer.  Gross rental income of $61,800 for positive cash flow on this property until development starts. 

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Interested? See more information or schedule showing

For more information, contact 403-207-1776

Agent photo   RE/MAX Real Estate Advocates Marjorie & Doug McKay

RE/MAX Real Estate Advocates
Phone:403-207-1776

Listing agent/broker:
RE/MAX Real Estate Advocates
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