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±4.03 Acres Multi-Family Land in Devon

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  • Devon, AB
    Canada
  • Auction #332-1
    Land
  • Lot Size:
    ±4.03 acres
  • Zoning: R4 (High Density Residential)
  • Broker
    Co-op:
    2.5%

Land For Sale in Devon, AB, Canada

±4.03 Acres Multi-Family Land in Devon

Michigan Street, SE of Oakland Blvd, Devon, AB, Canada

RE/MAX Commercial Capital and The Future of Real Estate FRE are pleased to present the Online Auction Plus event (ALLOWS FOR CONTINGENCIES) for a ±4.03 Acre Multi-Family Development Land Parcel in Devon, Alberta.

Property Highlights:

  • Located in the Town of Devon just 15 minutes southwest of Edmonton & only 12 minutes to the Edmonton International Airport, Nisku and Leduc via Highway 19
  • Zoned R4 - High Density Residential - permitting buildings up to 4 storeys with a maximum site density of 160 units per net hectare

Site Details:

  • Site Area: ±4.03 Acres
  • Services: Stubbed into the site (Water Main, Sanitary/Sewer & Storm)
  • Off-Site Levies: $47k per Acre (2021 Estimate)
  • Max Density: 259 Units
  • Max Height: 4 Storeys
  • Expired Permit: 238 Units Between Two Apartment Buildings, 381 Parking Stalls (143 Surface, 238 Underground)
  • Site is bordered to the south and east by Battery Creek Ravine and is directly connected to 26 kilometers of Devon's paved and natural trail system.
  • Downloadable Documents

    Property Information

    Auction Information

    Property Viewing

    If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

    If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

    Start Temporary Access Agreement

    Financing

    This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

    For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

    All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented “as is,” and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the Asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

    Contingencies may be included with your bid

    BID DEADLINE:   04 Nov 5:00 pm MDT
    Show values in:
    Starting Bid: CAD $499,000
    US $391,173
    Previous List Price:CAD $2,000,000
    US $1,567,828
    Required bid deposit: CAD $1,000
    US $784
    days
    hours
    mins
    secs
    Auction Ended
    Patrick Kelleher Event Manager The Future of Real Estate (FRE) P: (949) 706-6117 E: pkelleher@fre.com
    Scott Hughes Property Representative RE/MAX Commercial Capital P: (780) 915-7895 E: scott@rcedm.ca
    Brandon Hughes Property Representative RE/MAX Commercial Capital P: (780) 966-0699 E: brandon@rcedm.ca
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    Land For Sale in Devon, AB, Canada
    ±4.03 Acres Multi-Family Land in Devon
    Michigan Street, SE of Oakland Blvd
    Devon, AB
    Canada
    Auction # 332-1

    Contingencies may be included with your bid

    Bid Deadline:
    04 Nov 5:00 pm MDT
    Starting Bid
    CAD $499,000
    US $391,173
    Previous List Price
    CAD $2,000,000
    US $1,567,828
    Required bid deposit
    CAD $1,000
    US $784
    Show values in: 
    • Devon, AB
      Canada
    • Property Type:
      Land
    • Lot Size:
      ±4.03 acres
    • Zoning: R4 (High Density Residential)
    • Broker Co-op:
      2.50%
    Property Description

    RE/MAX Commercial Capital and The Future of Real Estate FRE are pleased to present the Online Auction Plus event (ALLOWS FOR CONTINGENCIES) for a ±4.03 Acre Multi-Family Development Land Parcel in Devon, Alberta.

    Property Highlights:

    • Located in the Town of Devon just 15 minutes southwest of Edmonton & only 12 minutes to the Edmonton International Airport, Nisku and Leduc via Highway 19
    • Zoned R4 - High Density Residential - permitting buildings up to 4 storeys with a maximum site density of 160 units per net hectare

    Site Details:

  • Site Area: ±4.03 Acres
  • Services: Stubbed into the site (Water Main, Sanitary/Sewer & Storm)
  • Off-Site Levies: $47k per Acre (2021 Estimate)
  • Max Density: 259 Units
  • Max Height: 4 Storeys
  • Expired Permit: 238 Units Between Two Apartment Buildings, 381 Parking Stalls (143 Surface, 238 Underground)
  • Site is bordered to the south and east by Battery Creek Ravine and is directly connected to 26 kilometers of Devon's paved and natural trail system.
  • Downloadable Documents
    Property Viewing

    Property Viewing

    If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

    If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

    Start Temporary Access Agreement
    Financing

    Financing

    This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.

    For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

    Contact Us
    Patrick Kelleher Event Manager The Future of Real Estate (FRE) P: (949) 706-6117 E: pkelleher@fre.com
    Scott Hughes Property Representative RE/MAX Commercial Capital P: (780) 915-7895 E: scott@rcedm.ca
    Brandon Hughes Property Representative RE/MAX Commercial Capital P: (780) 966-0699 E: brandon@rcedm.ca

    All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented “as is,” and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the Asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.