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240187 RAINBOW Road
Chestermere Chestermere t1x 0m8

$1,275,000
Land baths: 0.0

Main Photo: 240187 RAINBOW Road: Chestermere Land for sale : MLS®# C4221647
Status:
Active
Prop. Type:
Land
MLS® Num:
C4221647
1.49 acre development parcel in Chestermere with excellent frontage onto Rainbow Road. Backing onto the canal and government reserve with a mountain view, this is a great site for commercial or multi family. It is in the Edgewater Area Structure Plan proposed designation as a high density multi-family site that would hold 54 units. Currently zoned temporary commercial This property is a great holding property generating an annual gross income of $60,800. Please do not access property or bother tenants. It is on a major road that runs North to South through Chestermere connecting the Trans Canada Highway to the 1A and Glenmore Trail. Chestermere is a city of 20,000 that is located across the road from Calgary's Eastern border. There is no senior's housing available in town and a great need. There is also not any true office buildings, only strip malls with high priced retail space being used as offices.
Property Type:
Land
Condo Type:
Not a Condo
Taxes:
$4,054 / 2017
Lot Area:
1.49 acre(s)
Lot Shape:
Triangular
Bathrooms:
0.0 (Full:0, Half:0)
Plan:
8510075
Water Supply:
See Remarks
Sewer Septic:
Municipal/Community
Garage:
0
Parking Total/Covered:
- / -
Title to Land:
Fee Simple
Restrictions:
See Remarks
Creek, Environmental Reserve, High Traffic Area, View, View Mountain
Private, REALTOR®/Seller; Realtor Has Interest
Possession:
neg
Possession Days:
15
  • Photo 1: 240187 RAINBOW Road: Chestermere Land for sale : MLS®# C4221647
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  • Photo 2: 240187 RAINBOW Road: Chestermere Land for sale : MLS®# C4221647
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  • Photo 3: 240187 RAINBOW Road: Chestermere Land for sale : MLS®# C4221647
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Larger map options:
Listed by Doug R McKay and Marjorie McKay of RE/MAX REAL ESTATE ADVOCATES
Listing information last updated on January 15, 2019 at 10:11 PM (UTC)
Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.