- The subject lands are located in Onoway, approximately 45 minutes north west from Edmonton.
- Onoway offers lower cost housing and attracting more residents, resulting in the need for additional residential, commercial and industrial developments.
- The subject lands consist of 144.33 acres, currently zoned UR (Urban Reserve) but is situated in the Onoway Municipal Development Plan, to be absorbed by the Town of Onoway in the future. The plan confirms that a majority of the subject lands will be future residential with the north east corner being designated for commercial use, along with a park and recreational node on the south east area.
Sale Price: $1,950,000 ($13,500/acre)