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$ 85,000
Est. payment | /mo
6,002 Sqft Lot
$ 85,000
Est. payment | /mo
6,002 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SK992292
Condo Fees $125
Originating Board Saskatchewan
Annual Tax Amount $2,143
Tax Year 2023
Lot Size 6,002 Sqft
Acres 0.13780142
Property Description
Vendor Financing Available, shovel ready! Here is an excellent opportunity to acquire a fully serviced multi family R3 lot, that is already approved for fourplexes or fiveplexes. The buyer has the option to buy one lot or multiple lots as there are 19 lots for sale in total. These lots offer a unique opportunity as they are currently in a bare land condo corporation meaning each individual unit on the four or fiveplex can be built and sold off separately. If the purchaser opts for building a fourplex that's a per unit cost of $21,250 or a five plex would be a per unit cost of $17,000. The demand for rental properties in the area combined with town council support for development make this an attractive prospect, (contact agent for letter from Mayor outlining his support). Situated in the picturesque Brookhollow Estates, this fully serviced development boasts parks, open spaces, and proximity to the serene Motherwell Reservoir and walking trails. The town has recently brought in sand and made a beach, providing leisure and relaxation for residents. Infrastructure includes storm sewer, domestic sewer, water, sidewalks, curbs and gutters, paved streets, street lights, gas and electric services. Builders can secure permits swiftly and take advantage of a 3-year property tax abatement. Kindersley's strategic location amidst fertile agricultural lands and a flourishing oil and gas industry offers a wealth of local amenities, including an airport, hospital, and this development is located ½ mile south of Walmart. Kindersley is a pivotal transport route between Calgary and Saskatoon. Recent investments in hotel infrastructure underscore the town's growth potential, with a trading population exceeding 40,000 people in the surrounding area. Kindersley is the largest center in west central Saskatchewan. Contact sales agent for more detailed information. Note: The development fee has been paid in full by the developer.
Location
Province SK
Building
Lot Description Rectangular
Sewer Attached to Municipal
Others
Ownership Condominium
Listed by Sutton Group - Results Realty