$3,300,000
431 South Shore Drive
South Shores, Chestermere, Alberta
About this home
An exceptional multifamily development opportunity within Chestermere’s Sol Verde Lakeside complex. This 2± acre site is planned as a Bare Land Condominium and offers DP approval for 66 townhomes with attached garages, some featuring views of the lake and pond. Ideally located just steps from Chestermere Lake, the development combines lifestyle appeal with strong rental demand. Great price per door for residential development. This site presents a rare opportunity to enhance a multifamily portfolio or a high return on equity with individual townhome sales. Act now for Chestermere’s most desirable lakeside community, only a quick 5 minute drive to Calgary's city limits. (id:66681)
Property details
- SqFt
- 8,127 sqft
- Year built
- 2026
- Property type
- Residential
- Zoning
- R-4
- Community
- South Shores
- MLS®
- A2277162
- Days on market
- 205
Location
Listing information last updated 6mo ago. Provided by the listing brokeragevia CREA’s DDF®, deemed reliable but not guaranteed accurate.
Mortgage estimate
Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.
$660,000 (20%)
$16,099 / month
First payment: $11,942 interest, $4,157 principal