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Fort McMurray · Vacant Land · under $6,750,000. Alerts only send when there are new or meaningfully updated matching homes.
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New opportunities are taking root in the community of North Parsons Creek. Discover a remarkable Land Development opportunity. Parcel 18 situated on the corner of Heritage and Callen Drive boasts an expansive 3.26 hectares (8.06 acres) of land zoned MDD (Mixed Development District). Frontage is approximately 1,150 feet along Callen Drive and Dakin Drive. There is a return depth of approximately 2,500 feet along Heritage Drive. Based on adjacent. The site is provided full services to the property line including water, natural gas, sewer, and power. The site has been cleared and graded for potential development. Seated on a scenic plateau overlooking the Athabasca River Valley stands the community of North Parsons Creek. Parsons Creek is located west of the Athabasca River valley and Hwy 63 and north of the existing Timberlea residential subdivision. Parsons North is a Master Planned development designed as a multi phased integrated community that promotes a high quality of life for residents through a pedestrian-friendly environment and a variety of transportation, housing, commercial, and future recreational options. Parsons Creek’s design offers a walkable, vibrant, mixed-use with good connections to adjacent neighbourhoods. Focus on sustainable principles such as mixed-use areas, extensive trail systems, pedestrian connections, and transit nodes; Parsons Creek has been designed to encourage sustainable development and lifestyles. This trendy suburban location features an ideal combination of residential opportunities with connected open spaces, two elementary schools, and future commercial/retail development. Signature traits include an abundance of parks, paved trails, a skate park, a water spray park, and a future waterfront village with canal and two man-made ponds.The population of Parsons Creek in 2021 was 3,880 with 1,727 dwellings according to a municipal census conducted by the R.M of Wood Buffalo. Once built out this growing neighbourhood will be home to 24,000 residents on over 815 acres of land. *Permitted uses and servicing to be verified by purchaser with the RMWB. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
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Zoning
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Fort McMurray. The listing facts above are live.