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$ 5,995,000
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11 SqFt
$ 5,995,000
Est. payment | /mo
11 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 11
Square Footage 11 sqft
Price per Sqft $545,000
MLS® Listing ID A2335791
Property Sub-Type Freehold
Property Description
An exceptionally rare opportunity to acquire approximately 40 acres in Springbank with an approvedredesignation and Conceptual Scheme in place for a full estate community build-out. Welcome toRIVERA. Situated in Central Springbank approximately 20 minutes to downtown Calgary, under 5 minutesto the future Costco at Bingham Crossing, and within a 15 minute radius of many of Calgary and area'smost respected private and public schools, this community has been masterfully planned and carriedthrough a multi-year entitlement process by a full professional consultant team. The approved plan createsseventeen (17) estate lots of approximately 2 acres each, sixteen (16) of which form this offering, servedby a new internal municipal road and a dedicated stormwater facility. Piped potable water capacity hasbeen confirmed by the North Springbank Water Co-op with water unit commitments secured, and thecomplete technical file is done: geotechnical, environmental, traffic, Level IV wastewater, stormwater andwater supply, with no wetlands, no abandoned wells and no identified development constraints. Bothexisting residences are tenanted, providing holding income through final engineering and subdivisionendorsement. This opportunity fits the developer stepping into an approved plan, the builder seeking acontrolled lot pipeline, or the buyer group who wants to choose their neighbours and build a privateenclave. Under Springbank's planning framework, very few properties will ever offer this designation withwater commitments secured. One of the final Springbank acreage projects of its kind: build your legacyhere. Sold en-bloc. All figures and measurements are approximate. Price excludes GST. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Ownership Freehold
Listed by eXp Realty
Nearby Locations
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1816 Crowchild Trail NW # 700, Calgary, T2M 3Y7, Canada