NAI Advent News

NAI Advent Secures $1.450 Million Sale of Residential Development Land in Olds

Published: November 15, 2017

4403A 67A Avenue, Olds AB 


In November 2017, NAI Advent’s Senior Associate Jim Courtney and Associate Blair McArthur, completed a $1,450,000 sale of 4.58 ± acres of duplex lots & 2.2 ± acres of a multi-family site to tie into an existing development. The development site is located in a key growth area of Olds just off of Highway 27, 70 km North of Calgary. NAI Advent represented the Vendor (Leaside Developments Corporation) with the Purchaser being Springwood Developments Inc.

Sale Details:

  • R-3, Medium Density Residential Land
  • 2.2 ± acres & 4.58 acres (6.78 ± acres total)
  • Sale price $1,450,000

NAI Advent Associates: 

Jim Courtney – Senior Associate – 403-984-9811 – jcourtney@naiadvent.com

Blair McArthur – Associate – 403-984-9818 – bmcarthur@naiadvent.com

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