Residential Development for Sale
Three Sisters, Canmore, Alberta
Development contained on 7.84 fully serviced acres comprised of:
- 5.66 acres of fully serviced land
- 2.18 acres containing 16 partially constructed townhouse condo units
- One completed and furnished townhouse condo showhome unit
| Legal Description |
Acres (+/-) |
2010 Assessment |
Description |
| Plan 0612453 – Lot 1 |
1.24 |
$3,650,160 |
Residential fully serviced land |
| Plan 0612453 – Lot 2 |
1.57 |
$3,078,770 |
Residential fully serviced land |
| Plan 0612453 – Lot 3 |
0.83 |
$1,620,430 |
Residential fully serviced land |
| Plan 0612453 – Lot 4 |
0.99 |
$1,941,930 |
Residential fully serviced land |
| Plan 0612453 – Lot 5 |
1.03 |
$2,012,060 |
Residential fully serviced land |
| Plan 0612453 - Lot 6 |
1.09 |
$3,048,880 |
8 partially completed units |
| Plan 0612453 - Lot 7 |
1.09 |
$4,472,810 |
8 partially completed units |
| Plan 0814060 - Lot 16 |
N/A |
$864,810 |
Completed show-home unit |
| Plan 0814060 - Lot 17 |
N/A |
– |
Common area |
| Totals |
7.84 |
$20,689,850 |
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View from southeast
Left foreground: Completed units. One unsold show-home unit (Lot 16) is end unit on right.
Middle background: Framed units without siding (approximately 1/3 complete).
Right foreground: Partially-completed units with full siding; to lock-up (approximately 2/3 complete).
Development
- Original development concept: 50 townhouse and villa units and 42 apartment units
- DC 05 (Z) 2005, Three Sisters Mountain Village Comprehensive Residential District.
- Located 1 kilometre west of Three Sisters Parkway turn-off on Trans-Canada highway.
- 16 partially-completed condominium units (averaging
1600 ft2, excluding walk-out basements averaging 700 ft2) with full architectural drawings. Approximate percentage of
completion of 16 units ranges from 1/3 to 2/3 complete.
- 2008 SAM Award winner (Best Townhome in over $350,000 category)
Website (created by former developer, maintained by Receiver)
Offer Matters
- Access to data room provided upon signing of confidentiality agreement and sending to contacts below
- Form of letter of intent to be provided to interested candidates
- Strong preference to be given to en-bloc offers
- Offer deadline of June 30, 2010
- Broker commissions protected
Contact Information
Alger & Associates Inc.
#400 – 602 11th Avenue SW,
Calgary, AB,T2R-1J8
P 403-298-5800
F 403-296-2988
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Guy Odhams
Direct: 403-296-3143
godhams@alger.ca
Michael Costello
Direct: 403-296-3087
mcostello@alger.ca
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View from east of partially completed units.
View from west of 2/3 completed units.
View from south of framed units.
View of entrance to show home (lot 16) showing typical finishings.
Disclaimer:
The information here has been compiled by Alger & Associates Inc. (“Alger”) from available sources for general information purposes only. Alger makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Alger excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising therefrom.
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