5, 625 sq. ft. CORNER lot located in one of Fort McMurray's most unique and growing neighbourhoods. Positioned on a prominent corner, this property offers added flexibility for site design, enhanced curb appeal, and excellent access for future development. Zoned R1M, this lot provides the opportunity to build a custom home tailored to your needs, whether you're envisioning a modern bungalow, a spacious two-storey residence, or a home with extensive garage and parking options. Surrounded by established homes and just moments from the Clearwater River, walking trails, and green space, Waterways offers a lifestyle that blends nature, community, and convenience. Build-to-suit opportunities may be available, allowing buyers to work with a builder to create a home designed specifically for their lifestyle and budget. For investors and developers, there may also be potential to pursue higher-density residential development through rezoning, subject to approval by the Regional Municipality of Wood Buffalo. Buyers are encouraged to conduct their own due diligence with the municipality regarding future development possibilities and permitted uses. For those seeking additional space and development potential, the neighbouring lot at 7204 Bulyea Avenue is also available, creating the rare opportunity to combine both parcels into an approximately 11, 250 sq. ft. development site.