10110 Rocky Ridge Road NW Development Property
D.C. & ASSOCIATES REALTY A DIVISION OF DARYL CAMPBELL REALTY LTD.
1101 8TH STREET S.E. CALGARY AB T2G 2Z6 PHONE (403) 228-4158 / FAX (403) 244-0226
COURT ORDERED JUDICIAL SALE ROYAL OAK-ROCKY RIDGE NW 10110 Rocky Ridge Road NW DEVELOPMENT OPPORTUNITY
$5,900,000
Broker Contact: David D. Campbell [email protected] 403-616-2033 www.commercialrealtoryyc.com
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10110 Rocky Ridge Road NW Development Property
PROPERTY OVERVIEW
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.
ADDRESS OF PROPERTY
10110 Rocky Ridge Road NW Calgary, Alberta
TYPE OF PROPERTY
Vacant land
LAND USE CLASSIFICATION
Direct Control Bylaw# 29Z99 (Attached) Land use approvals are in place to allow for buildout of the project.
HIGHEST AND BEST USE
Development of a medium-density residential project conforming to the existing land use classification
GROSS SITE AREA
13.14 acres
NET SITE AREA
6.46 acres (Sites 1 and 3 on maps)
Current Civic Address & Legal Description 10110 Rocky Ridge Road NW
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 Road 9912670 0.080 0.20+ Road 0313538 0.444 1.10 Subdivision 1213721 2.251 5.56 Excepting thereout all mines and Minerals
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Location Maps
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Parcel Designation The SITE 1 and SITE 3 parcels depicted above form a portion of a larger site that is classified as Direct Control Bylaw #29Z99. A Direct Control bylaw is site specific and this particular bylaw was approved by Calgary City Council on March 17th, 1999. Under the approved land use classification Parcel A has two designations:
DC29Z99 Site 1 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 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.
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1101 8TH STREET S.E. CALGARY AB T2G 2Z6 PHONE (403) 228-4158 / FAX (403) 244-0226
COURT ORDERED JUDICIAL SALE ROYAL OAK-ROCKY RIDGE NW 10110 Rocky Ridge Road NW DEVELOPMENT OPPORTUNITY
$5,900,000
Broker Contact: David D. Campbell [email protected] 403-616-2033 www.commercialrealtoryyc.com
1
10110 Rocky Ridge Road NW Development Property
PROPERTY OVERVIEW
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.
ADDRESS OF PROPERTY
10110 Rocky Ridge Road NW Calgary, Alberta
TYPE OF PROPERTY
Vacant land
LAND USE CLASSIFICATION
Direct Control Bylaw# 29Z99 (Attached) Land use approvals are in place to allow for buildout of the project.
HIGHEST AND BEST USE
Development of a medium-density residential project conforming to the existing land use classification
GROSS SITE AREA
13.14 acres
NET SITE AREA
6.46 acres (Sites 1 and 3 on maps)
Current Civic Address & Legal Description 10110 Rocky Ridge Road NW
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 Road 9912670 0.080 0.20+ Road 0313538 0.444 1.10 Subdivision 1213721 2.251 5.56 Excepting thereout all mines and Minerals
2
Location Maps
3
Parcel Designation The SITE 1 and SITE 3 parcels depicted above form a portion of a larger site that is classified as Direct Control Bylaw #29Z99. A Direct Control bylaw is site specific and this particular bylaw was approved by Calgary City Council on March 17th, 1999. Under the approved land use classification Parcel A has two designations:
DC29Z99 Site 1 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 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.
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