About the Community : Canyon del Rio - The Point is a new townhome community located in an upscale, mixed-use residential and commercial/retail community. Centrally located in the heart of central Flagstaff at the intersection of Butler Avenue and Fourth Street. Canyon del Rio is being developed on 331 acres of ponderosa pine forest by builders who are sensitive to the natural environment. and is designed to be a family-oriented community with multiple living options including townhomes, and single-family homes.