Build Your Dream Home in Waterways! Welcome to 7204 Bulyea Avenue, a 5,625 sq. ft. residential lot located in one of Fort McMurray's most unique and growing neighbourhoods. Zoned R1M, this property offers the opportunity to design and build a custom home tailored to your lifestyle, whether you're envisioning a modern bungalow, a spacious two-storey residence, or a home with ample garage and parking space. 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. With plenty of room to create your ideal home and outdoor living space, this lot presents an excellent opportunity for homeowners, builders, and investors alike. 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. For those seeking additional space and development potential, the neighbouring corner lot at 7202 Bulyea Avenue is also available, creating the rare opportunity to combine both parcels into an approximately 11,250 sq. ft. development site.