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Active
$750,000
5128 & 5124 56 Street
Dodds Lake, Innisfail
MLS® #A2334296
- 2 acres
- Vacant Land
- ✓ Real Lot Size Listed
Innisfail is rapidly emerging as a highly attractive and affordable real estate market. This is a unique opportunity for LAKEFRONT development of multiple homes, a multi family building or just an exclusive and expansive estate. Currently zoned R-3 and located on the south shore of picturesque Dodd’s Lake, this 2 title 2.096 acre lot provides ownership right to the lake shore. Dodd’s Lake is used for non motorized boating, kayaking, paddle boarding, swimming or fishing. The lake is stocked with rainbow and tiger trout annually. The lot gently slopes toward the lake and would provide for some walk out basement homes depending on configuration of the development. Seller’s have done some preliminary planning with the the town of Innisfail to put a “condo” development with 7 homes on the lot, to which the town was amenable. The town is already focusing on improving the area with a structure plan on the north shore for more residential development. The east boundary backs to an historical home and there are new homes under development in the area…. This is an up and coming property with RARE lakefront availability. (id:66619)
Features
Lot
2 acres
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.