This 146 acre property located in the district of Mahogany is the perfect investment for future residential development. Currently designated for Residential. Situated directly at the City of Calgary limits, minutes to the South Calgary hospital coupled with the numerous amenities of Seton and Auburn Bay. It's no secret the community of Mahogany is not only the fastest selling district in Calgary, it offers a recreational paradise and has been described as spectacular. This land provides developers almost a quarter section of opportunity and is currently generating revenue under a short term lease. To my understanding the farm land is rented for grain farming at $13,600 per year and the surface lease pays $2500 per year.
Hwy 22 to the edge of city limits Range Road 285. Turn right at the Large Burnco sign and then south 1 mile to my sign on the East side of the road Range Road 285 and Township Road 224
Data was last updated December 15, 2019 at 02:05 PM (UTC)
Area Statistics
Listings on market:
139
Avg list price:
$599,999
Min list price:
$165,000
Max list price:
$25,000,000
Avg days on market:
177
Min days on market:
2
Max days on market:
1,007
These statistics are generated based on the current listing's property type and located in Rural Rocky View MD. Average values are
derived using median calculations.
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®.
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