12.57 ACRES at 6920 46th Street
This Land comes with optimal zoning: open Schedule C
You are a Builder, Developer or Investor?
Then this is the right Land for you!
Ideal for multi family zoned for 100 units per acre (add Commercial on the main), Housing for students, Retirement home, Medical/Dental, Hotel, Casino. Completely comprehensively zoned and ready to go.
You are a Realtor?
Realtors contact Carl Oram to discuss remuneration.
Your Opportunities
- Off-site Levy Cost only $4,000 – $15.000 per Acre (e.g. Town of Olds May 2019).
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- Available Tax Abatements (Property Tax) for the Developer of the Property.
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- 12.57 acres available for subdivision for your developments.
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- Inconspicuous Environmental Site Assessment JASA 2018.
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- Cooperation with the Olds College of Agriculture & Technology
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- DC – MU1 (Direct Control Mixed Uses, open Schedule C). Very fast permitting process.
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- Olds Housing Needs Assessment and https://www.olds.ca/housing-needs.
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- Optional Vendor Financing.
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- CORNERSTONE ASP TRANSPORTATION IMPACT ASSESSMENT UPDATE 2019.
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- Potent Fiber Optics already available in the Town of Olds.
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- Read The Calgary Herald Published May 05, 2024: New Patterns of Migration in Canada
DC – MU1 (Direct Control Mixed Uses, open Schedule C).
Mountain View County, Plan: -1710163- Block 1, Lot 11
Support of Municipality
Town of Olds is supporting Builders, Developers and Investors.
| Town of Olds Contacts: | Brent Williams Chief Administrative Officer 4512-46 Street, Olds, AB 403 556 6981 | Sandra Blyth Economic Development Officer 4512-46 Street, Olds, AB 403 507 4839 |
Available Tax Abatements for the Developer of the Property.
The Town of Olds is offering to the approved Developer 0% of assessed property tax in the 1st year after receiving the Occupancy Permit, 25% of the assessed property tax in the 2nd year, 50% in the 3rd year, 75% in the 4th year. Only in the 5th year 100% of the annual property tax will be due!
Very Fast Permitting Process
Very fast permitting process: The town promises once the appropriate drawings are complete and submitted that they will grant a Development Permit with 2-3 weeks.
In a nutshell
This property is for all builders, developers and/or investors wanting to take advantage of the current Canadian housing crisis in a vibrant Town with a negative percent occupancy rate.
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