54th Street & 58th Avenue

This 11.19-acre development opportunity is located within the town of Lamont, just a short 40-minute drive east of Edmonton along Highway 15.

The property is currently zoned as R1 – Single Family Detached, but the municipality has shown interest in collaborating with developers to change the zoning, potentially allowing for retail, commercial, or increased residential density.

Lamont, home to over 1,800 residents, is strategically positioned along the western High Load Corridor leading to the northeast oil sands and Fort McMurray. The local economy is primarily agricultural, and the town sits at the crossroads of the Alberta Industrial Heartland and Elk Island National Park.

By choosing Lamont for development, one can take advantage of competitively priced utilities, rail and highway access, a skilled labor force, and an adaptive approach to planning and development. Additionally, the Municipal Property Tax Rebate Program offers prospective developers the opportunity to apply for a property tax rebate of up to three years, providing an added incentive for investment in Lamont.