ROYAL OAK Development Site for sale: JUDICIAL SALE 6.46 ACRES NET DEVELOPMENT PROPERTY (Listed 2016-01-11)

Overview

10110 Rocky Ridge Road NW, CALGARY, Ab

MLS®#: C4096332
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SOLD
  • Property Value$5,500,000
  • Property Address10110 Rocky Ridge Road NW, JUDICIAL SALE 6.46 ACRES NET DEVELOPMENT PROPERTY, CALGARY, Ab, T3G 5H1 , Canada
  • TypeDevelopment Site
  • StyleMulti-Family Developement Property
  • Lot Size Area13.14 acres

ROYAL OAK

10110 Rocky Ridge Road NW, JUDICIAL SALE 6.46 ACRES NET DEVELOPMENT PROPERTY, CALGARY, Ab, T3G 5H1 , Canada

Description

***********************COURT ORDERED JUDICIAL SALE***************************
Please contact David Campbell for details respecting the requirements of the Court. All offers must be unconditional. Deposit must accompany the offer and be made payable to D.C. & Associates Realty in trust.
Schedule A will be provided by the Broker and must be attached and form a part of all offers.
Excellent Development Opportunity
The Property consists of a 13.14 acre parcel located along the north side of Royal Elm Road to the east of its intersection with Rocky Ridge Road NW. Located in the mature residential community of Royal Oak in the northwest sector of Calgary, this property is physically characterized as vacant land awaiting development of medium-density residential use.
Direct Control Bylaw# 29Z99 Land use approvals are in place to allow for build-out of the project.

Permitted use includes Residential Seniors Facility. Excellent opportunity for assisted living or retirement

Features

Land Use Bylaw:

DC29Z99 Site 1 (Smaller Westerly Parcel)1.61 Acres Developable Land

This land use allows for the permitted and discretionary uses of the R-2A residential low density district of Bylaw 2p80. The land use allows for a maximum density of seven units per acre. The R-2A land use is intended to provide for the option of townhouse development at single detached and semi-detached densities. The permitted uses of the land use include duplex dwellings, semidetached dwellings, and single detached dwellings. The discretionary uses include special care facilities and townhouses.

DC29Z99 Site 3 (Larger Easterly Site) 4.85 Acres Developable Land

This land use allows for the permitted and discretionary uses of the RM-4 residential medium density multi-dwelling district of Bylaw 2p80. The DC land use provides for a maximum density of 20 units per acre and a maximum building height of 10 meters. The RM-4 land use is intended to provide for multi-residential development. The discretionary uses include special care facilities and townhouses.

• Developable Site 1: 1.61 acres
• Developable Site 3: 4.85 acres
• Environmental Reserve: 4.82 acres
Municipal Reserve: 1.83 acres
• Total: 13.11 acres

Site l
This site is located in the west portion of the property and offers a relatively level developable area with a sloping decline to the eastern portion of the parcel. An Environmental Reserve easement has been established between the land and the natural storm pond adjacent to the east.

Site 3
This site is located in the central portion of the property. The developable potion is mostly level and undulating in topography with an Environmental Reserve easement established between Site 3 and the natural storm pond adjacent to the west. The eastern portion of the will be a combination of Municipal Reserve and Environmental Reserve that will be integrated into the existing park system on adjacent lands to the north and south.

LEGAL DESCRIPTION:
(Title Number 151 020 754)
MERIDIAN 5 RANGE 2 TOWNSHIP 25
SECTION 21
THE NORTHERLY 330 FEET OF THE SOUTHERLY 1650 FEET
OF THE SOUTH WEST QUARTER
CONTAINING 8.09 HECTARES (20 ACRES) MORE OR LESS
EXCEPTING THEREOUT:
PLAN NUMBER HECTARES (ACRES) MORES OR LESS
ROAD 9912670 0.080 0.20
CALGARY: 2579253\2 Page 2 of 10
ROAD 0313538 0.444 1.10
SUBDIVISION 1213721 2.251 5.56
EXCEPTING THEREOUT ALL MINES AND MINERALS

 Real Estate Listing provided by
  • D.C. & Associates Realty
  • 1101 - 8th Street SE
  • Calgary, Ab
  • T2G 1N5

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.