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$ 219,480
Est. payment | /mo
0.77 Acres Lot
$ 219,480
Est. payment | /mo
0.77 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SK015909
Lot Size 0.770 Acres
Acres 0.77
Source Saskatchewan
Property Description
Motivated seller discounted 40% off AACI appraised value, Multi family development Opportunity – An exceptional R3-zoned development lot in the sought-after subdivision of Brookhollow Estates, in the growing town of Kindersley, Saskatchewan. This 0.77-acre parcel is shovel-ready and designed to accommodate three 5-plexes or 4-plexes, making it an ideal opportunity for multi-family construction. The lot backs onto the scenic Motherwell Reserve, providing a beautiful natural backdrop for future residents. With strong demand for rental and condo housing in Kindersley, coupled with town council's open support for development (letter of support available from the Mayor), this property represents a highly attractive investment. Brookhollow Estates is a fully serviced community featuring parks, open spaces, and direct access to the Motherwell Reservoir and walking trails. The town has recently enhanced the area with a beach and recreation space, further adding to its appeal. All major services are in place, including storm sewer, domestic sewer, water, sidewalks, curbs and gutters, paved streets, street lighting, natural gas, and power. Developers can move quickly with streamlined permitting and benefit from a 3-year property tax abatement. Kindersley serves as the largest center in west-central Saskatchewan, strategically located on the transport corridor between Calgary and Saskatoon. With a trading population of more than 50,000 people, the town supports a strong agricultural base, a thriving oil and gas industry, and continues to attract new investment, including recent hotel developments. Local amenities include an airport, hospital, and major retail such as Walmart only half a mile from the site. This is a rare opportunity to develop high-demand multi-family housing in one of Kindersley's most attractive and well-planned subdivisions.
Location
Province SK
Building
Sewer Attached to Municipal
Others
Ownership Freehold
Listed by Sutton Group - Results Realty