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244230 Old Banff Coach Rd 7.05 Acres of Commercial Land Offered at $1,352,513 USD in Calgary, AB T3Z 3M6

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INVESTMENT HIGHLIGHTS

  • Great opportunity to invest on the western edge of Calgary city limits.
  • Full of short term potential with even greater potential in the long term.
  • The land has a potential to be annexed into the city of Calgary

EXECUTIVE SUMMARY

A great opportunity to invest on the western edge of Calgary city limits, this land is currently zoned R2 allowing for 3 single family lots. The land has a potential to be annexed into the city of Calgary. If not Rocky View County probably
will want endorse Urban Density, allowing for more lots within 5 years. The Urban and Hamlet Interface Area shall be 6-10 lots per acre, calculated on the gross development area identified for residential in the local plan which these lands fall into. Qualico is rapidly developing Crestmont to the NW and as well they have land directly north. The land itself has sweeping views towards the north and northeast as well to the west with mountain views. Old Banff Coach Road is paved to the property and to the Trans Canada Highway a stones throw
away, making it a quick commute to downtown and the mountains. The potential here is short term with even greater potential in the long term.

PROPERTY FACTS

Price $1,352,513 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 7.05 AC
Zoning R2 - Residential - One / Two Dwelling District

1 LOT AVAILABLE

Lot

Price $1,352,513 USD
Price Per AC $191,845.82 USD
Lot Size 7.05 AC

Lot 1 Block 2 Plan 8910677 containing 6.05 acres +/- and the southerly 22.75 meters in perpendicular width throughout of lot 1 containing 1.00 acres +/-

  • Listing ID: 25401794

  • Date on Market: 4/5/2022

  • Last Updated:

  • Address: 244230 Old Banff Coach Rd, Calgary, AB T3Z 3M6

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