Prime Investment Land

Description

FUTURE URBAN RESIDENTIAL NEIGHBORHOURHOOD!! Prime investment land, destined to be developed into an urban residential neighbourhood under Saskatoon's Plan for Growth (P4G). With a specified minimum density of 7 residential units per gross acre, this 72.11 acre parcel will be suitable for subdivision into a minimum of 504 urban residential lots as Saskatoon grows. Well within the planned Saskatoon Freeway perimeter road, this property is 300 meters from Stonebridge, 500 meters from Lakeview/Lakeridge, and adjacent to Greenbryre Estates. It will be in the center of future urban development under Saskatoon's South East Concept Plan. The land is level/nearly level, cultivated with none/few stones, a dugout, and some poplar bush. The current tenant wishes to continue farming. The property is irregularly shaped, with 660 meters of frontage on Range Road 3051, 17 meters of frontage on Glazier Road, and 393 meters of shared border with Greenbryre Estates. The property is currently being subdivided from parcel #135841967 along with a 4.84 acre residence (SK983131) and a 3.05 acre lot. This property is an excellent investment opportunity as a holding property. DIRECTIONS: South on Boychuk to Glazier Road - past Lakeshore Garden Centre, Lakeview Church and the Saskatoon Christian School to Range Road 3051 - The property is on your left.

Listing courtesy of Royal Lepage Saskatoon Real Estate