900 3 Street SW

This massive 4.11-acre parcel represents the premier multi-family or single-family villa subdivision opportunity in Diamond Valley. Directly backing onto Oilfields General Hospital, the site is perfectly positioned for senior living, high-density inventory, or premium villa lots in a community with critical need for diverse housing options. The location offers rare small-town charm and urban-style walkability, steps from Diamond Valley Marketplace and major anchors like Sobeys, Shoppers Drug Mart, Dollarama, and McDonald’s. R4 zoning provides the highest residential density in the municipality, allowing large-scale apartments, stacked townhouses, or subdivision into single-family villa lots. This isn’t just land; it’s a blank canvas with a clear path to profitability. The site’s size allows efficient, phase-based construction—or phased subdivision—while unrivaled proximity to healthcare and the primary commercial corridor ensures long-term demand. Future residents will benefit from breathtaking western mountain views and a connected lifestyle within a vibrant arts scene. Seize this strategic advantage to create a landmark development in Diamond Valley's heart.