5014 53 Avenue, Ponoka County, Alberta T0C 2J0

Property Description

BUILD, INVEST OR DEVELOP! Great opportunity to secure an R2-zoned residential lot in the Town of Rimbey with several options for future development. R2 – Low Density General Residential zoning provides flexibility for a single-family home, duplex development of a home.For today's market, this property could be especially appealing to a builder or investor looking to construct a side-by-side duplex, offering the potential to sell each side individually where subdivision requirements can be met, or retain the property as a long-term rental investment. Alternatively, build a new single-family home.With demand for affordable housing and rental accommodation continuing to create opportunities in smaller Central Alberta communities, this vacant lot offers buyers the ability to design a property around today's market rather than adapting an older home.Whether you're a builder, investor or future homeowner, this is an opportunity to put R2 zoning to work and create a property suited to your goals.