50 St 51 Avenue

This bare land condo development in Chipman comprises approximately 24 lots zoned for residential construction, located 30 minutes from Fort Saskatchewan and 40 minutes from Sherwood Park. Each lot has sewer and water access, with gas and power available nearby. Home plans range from 496 to 768 square feet for bungalow-style units up to 1,090 square feet for one-and-a-half-storey residences. Eight tiny homes previously built on the property have been sold separately. Recent listing activity suggests an average price near $169,000. Before committing to purchase, prospective buyers should obtain and review all development agreements, reserve fund documentation, and condo corporation bylaws to understand obligations and long-term costs.