Prime development opportunity in a quiet cul-de-sac. Zoned R3, this spacious lot is ideally suited for a small multi-family complex, including townhouses, a fourplex, or a six plex, with generous space for on site parking and outdoor yard space. Situated directly behind the newer Cold Lake Elementary School and the Schooner subdivision, the property offers direct access to the school playground and features a convenient walkway connecting Forest Drive to Schooner. Families will appreciate Happy House Daycare located at the end of the street, while the Cold Lake Marina and waterfront amenities are just a few short blocks away.
Courtesy of Colleen F Norman and Tracy D Doonanco of Royal Lepage Northern Lights Realty
Data was last updated August 21, 2026 at 03:30 AM (UTC)
Area Statistics
Listings on market:
130
Avg list price:
$302,450
Min list price:
$50,000
Max list price:
$1,299,000
Avg days in system:
98
Min days in system:
1
Max days in system:
867
Avg price per sq.ft.:
$307.99
These statistics are generated based on the current listing's property type
and located in
Cold Lake. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on August 21, 2026 at 03:30 AM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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