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. (id:65883)