127-Acre Residential
Development Opportunity

This pricing establishes a compelling entry basis below appraised value, providing investors with immediate embedded upside and a strong foundation for future value creation.

This opportunity stands out as a compelling, infrastructure-ready residential platform with strong fundamentals:

• Strategic Location: Positioned directly across from the Camrose Golf Course and adjacent to established residential communities, with proximity to major retail and future transportation corridors.
• Institutional Demand Driver: The nearby University of Alberta Augustana Campus, recognized for its agricultural and environmental programs, acts as a consistent demand generator, underpinning long-term residential absorption through a steady inflow of students, academics, and industry stakeholders.
• Fully Serviced Infrastructure: Municipal water, sanitary, power, natural gas, and fiber optics are available at the site frontage, significantly reducing development timelines, capital requirements, and execution complexity.
• Scale & Flexibility: 127.82 acres ± supporting ~780 residential lots enable a phased development strategy, flexible product mix, and the ability to accommodate both builder-specific and broader market-driven subdivision layouts.
• Planning Certainty: The site is supported for residential development, with geotechnical, environmental, and supporting reports completed and clean, materially reducing entitlement risk and accelerating time to market.
• Attractive Entry Pricing: Offered below appraised value, providing a compelling land basis and immediate embedded upside relative to comparable serviced land opportunities.
• Development Versatility: The Area Structure Plan framework allows for customizable subdivision design, including low-density residential, school allocation, and potential neighborhood commercial uses along key frontages.
• Infrastructure Cost Optimization Potential: Opportunity to implement innovative servicing strategies to reduce levy exposure and enhance overall project economics.

The site supports the development of a master-planned residential community designed to align with Camrose's long-term growth trajectory.

• Flexible Area Structure Plan (ASP) enabling customized subdivision design
• Ability to incorporate low-density residential, school sites, and neighborhood commercial nodes
• Opportunity to implement creative servicing strategies to optimize costs and reduce levy impact

Development Economics

• High yield profile (~780 lots) supporting revenue scale
• Below market value land acquisition cost relative to comparable Alberta markets ($17K per acre versus $40K-$60K per acre in the areas of Camrose, Wetaskiwin, Lacombe, etc.)
• Existing servicing infrastructure reducing upfront capital requirements
• Phasing flexibility to match demand and optimize timing
• Potential to enhance margins through design and infrastructure efficiencies

Subdivision Versatility

• Lot sales to regional and national home builders
• Bulk parcel sales to developers
• Phased development and staged disposition strategy

The proposed residential zoning for this site is underpinned by a strong set of community fundamentals that validate demand for new residential development in Camrose:

• Growing Population Base: Camrose has a current population of approximately 20,587, with a 3-year growth rate of 2.35%, reflecting consistent inward migration and natural population growth that is driving sustained housing demand.
• Regional Hub Dynamics: As the dominant urban center for a trade area of approximately 150,000 people, Camrose serves as the primary destination for healthcare, retail, education, and services across a wide geography — supporting a broad and stable base of residential demand.
• Stable End-User Demographic: With a median age of 43, Camrose's population skews toward established family households and working-age adults — demographics that typically support demand for ownership housing and long-term community investment.
• Strong Household Economics: An average household income of approximately $102,020 supports purchasing power for new residential product, reducing affordability risk for developers and builders entering the market.
• Accelerating Development Activity: Camrose issued 154 building permits with a total construction value of approximately $53.6 million in 2023, representing a 40% year-over-year increase and signaling strengthening developer confidence and buyer demand.
• Active Real Estate Market: With 482 real estate transfers recorded in 2023, Camrose demonstrates a liquid and active housing market with consistent transaction velocity — a key indicator of healthy long-term absorption potential.

These indicators collectively position Camrose as a high-confidence residential market, where new supply is well-supported by genuine, growing end-user demand.

Camrose is a key regional hub in Central Alberta, offering both accessibility and strong local demand drivers:

The site benefits from immediate proximity to:

• Diverse Economic Base: Camrose supports a broad employment base across agriculture, manufacturing, healthcare, education, and regional services, reducing reliance on any single industry and contributing to economic resilience.
• Healthcare Anchor: St. Mary's Hospital and a strong regional healthcare network provides stable employment and attracts long-term residents.
• Post-Secondary Education: University of Alberta Augustana Campus contributes to population stability, rental demand, and workforce development.
• Retail & Service Infrastructure: A complete regional retail and service offering (Walmart, Safeway, Canadian Tire, RONA, Superstore, Anytime Fitness, Shoppers Drug Mart, Winners) reinforce Camrose as a self-sufficient urban node, limiting retail leakage and supporting population retention.
• Quality of Life Advantage: Access to parks, recreation facilities, and a well-established community amenity base (Encana Arena, Chuck MacLean Arts Centre, Bailey Theatre, Camrose Regional Exhibition, Community Centre, Aquatics Centre) supports long-term residential desirability.
• Affordability vs Major Centers: Lower land and housing costs relative to Edmonton create a value-driven migration opportunity for buyers seeking more space at lower cost.

This combination supports long-term residential desirability and absorption stability.

More information about the area: https://www.camrose.ca/business-growth/available-properties-and-lands/

Infrastructure In Place

• Full Municipal Servicing at Site Frontage: The property benefits from immediate access to municipal water and sanitary sewer, significantly reducing off-site extension requirements.
• Power & Energy Infrastructure: Electrical power and natural gas services are available along the fronting roadway.
• Fiber Optic Connectivity: High-speed fiber infrastructure is accessible, meeting modern residential requirements.
• Road Access & Transportation Network: The site fronts onto existing developed roadways, with proximity to 48 Avenue and 68 Street.

Fully serviced, infrastructure-ready land at this scale is rare in regional Alberta markets.

This is more than a land acquisition — it is a scalable residential development platform.

This offering represents a rare convergence of scale, location, servicing, and economic fundamentals. Well-positioned, de-risked, and highly flexible — a generational residential opportunity suited for developers seeking long-term growth and strong project economics in Alberta.

The combination of:

• —Location within municipal boundaries
• —Full servicing availability
• —Planning flexibility through ASP
• —Strong demographic fundamentals

positions the asset as a cornerstone opportunity for long-term residential expansion in Camrose.

A comprehensive suite of technical and planning reports has already been completed. Available by request: