FOR SALE > DEVELOPMENT LAND

Glenridding

Neighbourhood: Glenridding

Legal Description: Lot 1, Block 2, Plan 1823070

Location Address: 16310 - 21 Avenue SW

Land Area: 8.00 hectares or 19.77 acres (more or less)

Existing Land Use Zone: AG - Agricultural Zone [LINK]

Last Update: December 3, 2019

File Number: CS170069

Tax Roll Number(s): 10921002

Holding Number(s): 1010242

Sector: Southwest

COLOUR AERIAL PHOTO - DOWNLOAD [LINK]

Buyers Application Form:

ONLINE FORM - FILL OUT & SEND [LINK]

PDF FAX FORM - DOWNLOAD [LINK] (Scan, Email or Deliver)

Price Per Acre: $293,500

Annual Local Imp. Charges: Not Available

Estimated Local Imp. Payout: Not Available

Estimate of 2019 Taxes: Not Available (subject to verification by Assessment & Taxation)

16310 - 21 Avenue SWList Price: $5,800,000

10th Floor Edmonton Tower

10111 - 104 Avenue NW

Edmonton, AB T5J 0J4

Main Phone: 780-496-6000

After Hours: 311

Outside Edm: 780-422-5311

edmonton.ca/propertysales

Glenridding_listing

City of Edmonton

OWNER-BROKER

Real Estate

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NOTE : ALL DIMENSIONS AND AREAS ARE APPROXIMATEAND MUST BE VERIFIED BY LEGAL SURVEY

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SUBJECT PROPERTY

LEGAL:LOT 1, BLOCK 2, PLAN 182 3070GLENRIDDING RAVINE -

(AREA=8.00 hectares/19.77 acres)

19 03 11 YL 1823070-2-1-Web-Listing-SP

REAL ESTATE FINANCIAL ANDCORPORATE SERVICES

The information contained herein is believed to be true, but does not constitute a contract. Buyers should verify all information to their own satisfaction. Price, terms and conditions are subject to change without notice. GST is not included in price.

FOR SALE > DEVELOPMENT LAND

GlenriddingConditions of Sale:

1. All sales must be approved by the manager of Real Estate, Financial

and Corporate Services and/or the Executive Committee of City

Council.

2. The Buyer will be required to submit a deposit cheque in the amount

of 10% of the purchase price upon execution of a sales agreement.

3. All developments shall comply with the development regulations

contained in the approved Glenridding Heights NSP [LINK].

4. The property is being sold on a strictly as is, where is basis. Any

representations or information regarding the size, configuration,

dimensions, zoning, utility services, environmental quality/liability,

soil conditions or developability with respect to the property are

taken and relied upon at the Buyers sole risk; the Buyer has an

obligation to ascertain the accuracy of all such information.

Purchase Process:

1. The City reserves the right at its discretion, to accept, reject or

further negotiate with any or all applicants and/or cancel or modify

this offering.

2. All interested parties must submit a buyers application form to the

City. Upon the City's review, the applicant maybe contacted to

further negotiate and formalize a sale agreement.

All submissions should be emailed to:

propertysales@edmonton.ca

or delivered to:

2nd Floor Mailroom Edmonton Tower, 10111 - 104 Avenue NW.

3. Buyers must acknowledge the involvement or assistance of any

Licensed Real Estate Brokers within their submission.

Property Information:

The property is 19.77 acres of raw development land located in south

west Edmonton within both the Windermere Area Structure Plan (ASP)

[LINK] and the Glenridding Heights Neighbourhood Structure Plan (NSP)

[LINK]. The site can be developed with a mix of residential densities from

single detached residential to medium density residential.

The purchaser / developer may be required to complete the following

upon future subdivision:

• Construction of the ultimate Storm Water Managment Facilty,

• Construction of 21st Avenue/Glenridding Road along the southern

boundary of the property, and

• Construction of Glenridding Boulevard along the western boundary

of the property, a boundary condition can be applied to the

adjoining land owner for this roadway.

There is a temporary major and minor drainage URW on the subject

property that will need to stay on site until a permanent system is in

place.

Development of lands abutting 163rd Street SW may require cost sharing

payments be made for infrastructure previously installed by the adjacent

developer.

The purchaser / developer may be required to contribute to PACs, ARAs

and other assessment upon further subdivision.

All costs associated with new roadways and servicing will be borne by

the Buyer. In addition, all costs associated with roadway modifications,

upgrading, modification/relocation of existing services, required by any

new development will be borne by the Buyer.

City of Edmonton Strategic Objectives

Additional Information:

It is recommended that applicants review the following:

• Edmonton Zoning Bylaw 12800 (AG) Agricultural Zone [LINK]

• Glenridding Heights Neighbourhood Structure Plan [LINK]

• Windermere Area Structure Plan [LINK]

Please let us know how we are doing by taking this short survey: