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THE POINT IN PATTERSON HEIGHTS CALGARY, ALBERTA 18 Residential Lots & 17.99 Acres of Future Residential Development Land For Sale JUDICIAL LISTING PHASE 2 & 3 FUTURE PHASE 4 PHASE 2 & 3 FUTURE PHASE 4

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Page 1: THE POINT IN PATTERSON HEIGHTS 18 Residential Lots & … › res › docs › patterson...3 of the subdivision and one (1) future residential development parcel, totaling 17.99 acres;

THE POINT IN PAT T ERS ON H EIGH TS

C A L G A R Y, A L B E R T A

18 Residential Lots & 17.99 Acres of Future Residential

Development Land For Sale

JUDICIAL LISTING

PHASE 2 & 3

FUTURE PHASE 4

PHASE 2 & 3

FUTURE PHASE 4

Page 2: THE POINT IN PATTERSON HEIGHTS 18 Residential Lots & … › res › docs › patterson...3 of the subdivision and one (1) future residential development parcel, totaling 17.99 acres;

THE POINT IN PATTERSON HEIGHTS

THE OPPORTUNITYJones Lang LaSalle Real Estate Services, Inc. (“JLL”) is pleased to offer for sale eighteen (18) fully serviced and subdivided R-1s lots within Phase 2 & 3 of the subdivision and one (1) future residential development parcel, totaling 17.99 acres; 8.01 acres of which are net developable area (the “Property”). For the future residential development parcel, there is a Tentative Plan already approved that will yield an additional thirty-one (31) R-1s lots.

The Property is in the coveted west-end of Calgary, nestled amongst the slopes, providing for an abundance of natural green space and walking trails. The unique stepped geography allows for stunning views of the river valley and the downtown core. Architectural controls are in place to ensure of an integrated and high-quality aesthetic

The Property can be purchased either individually or as a bundle.

SERVICING STATUS All eighteen (18) lots are fully serviced and subdivided while the future residential development parcel has a Tentative Plan already approved to yield an additional 31 lots. Confirmation of servicing and development charges are the responsibility of the purchaser. Further, confirmation of all off-site costs and the Municipal Reserve dedication are unknown and are the responsibility of the purchaser. The Property is currently classified as R-1s Residential - One Dwelling - Provision for Secondary Suite, under The City of Calgary Land Use Bylaw. This is a residential designation that is primarily used for single detached homes with an allowance for a secondary suite.

No. of Lots 18

Total Frontage 915 feet

Total Square Feet 144,631

List Price (Bundle) $9,300,000

List Price (Individual) See Page 3 for Individual Lot Price

Servicing Fully serviced and subdivided

Total Land Area 17.99 acres

Net Developable Area 8.01 acres

Lot Yield 31

Servicing Un-serviced

List Price $7,410,000

18 RESIDENTIAL LOTS & 17.99 ACRES OF FUTURE RESIDENTIAL DEVELOPMENT LAND FOR SALE

PROPERTY SUMMARY - PHASE 2 & 3 PROPERTY SUMMARY - FUTURE PHASE 4

PHASE 2 & 3FUTURE PHASE 4

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Page 3: THE POINT IN PATTERSON HEIGHTS 18 Residential Lots & … › res › docs › patterson...3 of the subdivision and one (1) future residential development parcel, totaling 17.99 acres;

18 RESIDENTIAL LOTS & 17.99 ACRES OF FUTURE RESIDENTIAL DEVELOPMENT LAND FOR SALE

SITE PLAN - PHASE 2 & 3 LOT PRICING - PHASE 2 & 3 No. on

Map Address Phase No. Orientation FrontageFeet

Lot Size SF

List Price

1 403 Patterson Boulevard SW 2 Hillside 56 10,956 $580,000

2 407 Patterson Boulevard SW 2 Hillside 45 7,735 $555,000

3 415 Patterson Boulevard SW 2 Hillside 49 6,983 $530,000

4 419 Patterson Boulevard SW 2 Hillside 51 7,202 $555,000

5 427 Patterson Boulevard SW 2 Hillside 51 7,202 $555,000

6 431 Patterson Boulevard SW 2 Hillside 49 7,186 $555,000

7 435 Patterson Boulevard SW 2 Hillside 48 7,181 $555,000

8 439 Patterson Boulevard SW 2 Hillside 57 8,024 $565,000

9 418 Patterson Boulevard SW 2 Walkout 94 8,106 $520,000

10 462 Patterson Boulevard SW 3 Walkout 50 8,794 $610,000

11 470 Patterson Boulevard SW 3 Walkout 50 8,794 $610,000

12 482 Patterson Boulevard SW 3 Walkout 57 13,005 $625,000

13 459 Patterson Boulevard SW 3 Hillside 59 9,355 $555,000

14 467 Patterson Boulevard SW 3 Hillside 40 6,737 $530,000

15 471 Patterson Boulevard SW 3 Hillside 40 6,722 $530,000

16 475 Patterson Boulevard SW 3 Hillside 40 6,722 $530,000

17 479 Patterson Boulevard SW 3 Hillside 40 6,892 $530,000

18 483 Patterson Boulevard SW 3 Hillside 40 7,035 $540,000

FUTURE PHASE 4

FUTURE PHASE 4

3

THE POINT IN PATTERSON HEIGHTS

PHASE 2 & 3PHASE 2 & 3

Page 4: THE POINT IN PATTERSON HEIGHTS 18 Residential Lots & … › res › docs › patterson...3 of the subdivision and one (1) future residential development parcel, totaling 17.99 acres;

18 RESIDENTIAL LOTS & 17.99 ACRES OF FUTURE RESIDENTIAL DEVELOPMENT LAND FOR SALE

SITE PLAN - FUTURE PHASE 4 SUBDIVISION PLAN - FUTURE PHASE 4

Servicing Status - All Municipal Services to the property line.

THE POINT IN PATTERSON HEIGHTS

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Page 5: THE POINT IN PATTERSON HEIGHTS 18 Residential Lots & … › res › docs › patterson...3 of the subdivision and one (1) future residential development parcel, totaling 17.99 acres;

LOCATION HIGHLIGHTS

19 MINS toDowntown Calgary

The Point in Patterson Heights

37 MINS to Calgary International Airport

10 MINS to Aspen Landing

Shopping Centre

Wide variety of retail in close proximately

Bus Routes throughout the city

Easy access toSarcee Trail SW &

Trans-Canada Hwy

Easy access toOld Banff Coach Road

SW & Bow Trail SW

Page 6: THE POINT IN PATTERSON HEIGHTS 18 Residential Lots & … › res › docs › patterson...3 of the subdivision and one (1) future residential development parcel, totaling 17.99 acres;

KEN WESTHAVER JLL Capital MarketsSenior Vice President(403) [email protected]

RYAN MURPHY JLL Capital Markets Senior Sales Associate (403) 456-5582 [email protected]

DANIEL WEINERRealtor-Re/Max Realty Professionals(403) 389-7969 [email protected]

All inquiries regarding the Property should be directed to:

DISCLAIMER© 2019 Jones Lang LaSalle IP, Inc. All rights reserved. Information set out herein (the “Information”) has not been verified by Jones Lang LaSalle Real Estate Services, Inc., Brokerage and any and all of its real estate agents/staff, and to all other divisions of the company (collectively “JLL”). JLL does not represent, warrant or guarantee the accuracy, correctness and complete ness of the Information. Given the limitations of the investigations, inquiries and verification that JLL have undertaken, the reliability of this Information must be treated with a suitable degree of caution and neither JLL or any of their affiliates accept any liability or responsibility for the accuracy or completeness of the information contained herein and no reliance should be placed on the information contained in this document. JLL does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from JLL.

OFFERING PROCESS

The Property can be purchased ether individually or as a bundle. Please note that the Property is currently the subject of a Court Order and therefore Court approval of a proposed transactions is required.