It stands to be another busy construction season in Whistle Bend after 103 people entered last week’s lottery for 57 residential lots in the city’s newest neighbourhood.

The territory had anticipated there would be a high demand for the sites, an official with the Department of Energy, Mines and Resources said this morning.

The 47 Residential and 10 Restricted Residential properties are all part of the third phase of Whistle Bend.

Prices range from $123,480 on each of three 518 square metre residential properties on Sybil Circle to $214,068 for a 908 square metre residential property, also on Sybil Circle.

Along with the lottery was the opening of tenders for three multi-family lots and six townhouse sites that would allow for a total of 20 townhouses.

Only one multi-family site was bid on.

Empress Homes came out with the highest bid at $410,500 for the 2,925 square metre property on Olive May Way.

Another five bids for the property were also received, ranging from $330,000 to $402,187. The minimum upset price was set at $321,750.

The other two multi-family lots that are both on Sybil Circle have minimum prices of $1.13 million for an 8,585 square metre property and $1.12 million for an 8,501 square metre site.

With no one submitting in a bid on either, they will now be sold over the counter.

On the townhouse sites, Whitewater Homes came out as the highest bidder on five of the six properties – but ultimately decided to keep only three.

Those three include:

• a four-unit townhouse area with individual unit properties between 216 and 324 square metres that it bid $429,435 on;

• a three-unit site with individual unit properties ranging from 240 to 304 square metres that it bid $200,295 on; and

• another three-unit site with unit properties also between 240 and 304 square metres that it bid $256,000 on.

Among those turned down by Whitewater were:

• a four-unit site with individual properties between 216 and 288 square metres that it had bid $331,000 on, with Empress Homes coming in with the next-highest bid of $310,500 and accepting the property purchase; and

• a three-unit site with individual properties between 216 and 312 square metres it had bid $261,000 on, with Empress once again coming in with the second-highest bid of $226,000 and accepting the property purchase.

SPK Home Construction came out with the highest bid of $256,702 on the final townhouse site of three units with each property between 240 and 318 square metres.

The minimum upset price for that site had been set at $202,128.

All of the townhouse lots are on Olive May Way.

The next set of lots in Whistle Bend are expected to be available in the spring of 2019, and will include the final two parts of Phase 3 along with Phase 4 properties.

They will include residential and commercial properties.