TD Tower, Suite 2700
10088 - 102 Avenue
Edmonton, AB T5J 2Z1
Tel.780.420.1177

+/- 2.13 Acre Multi-family Development Site

View Google Map

Contact

Raphael Yau
raphael.yau@cwedm.com
780.953.8383

Christopher Kamphius
Chris.Kamphius@cwedm.com
780.932.0520

Location

Address:
6502 48 Street
City:
Cold Lake

Property Details

Property Type:
Land
Sale / Lease:
Sale
Sale Price:
$800,000
Acres:
2.13

Description

The Site is located directly off Highway 28/55, east of the TriCity Mall and adjacent retail power centre which boasts multiple amenities. The City of Cold Lake draws both Canadian and international military forces to CFB Cold Lake, a major economic driver. In March, 2016, Imperial Oil announced a $2 billion oil sands project near its existing operation in Cold Lake. Tourism is also a major employer in Cold Lake. With a greater population approaching 16,000, the City of Cold Lake serves a greater trade area surpassing 50,000 people. Retailers such as Wal-Mart and Canadian Tire position Cold Lake as the commercial centre of northeastern Alberta.
Ready to develop, the Site can be improved with up to 82 multifamily (subject to parking and landscaping restrictions). Zoned R4 High Density.