The Opportunity

Overview

Exceptional opportunity to acquire approximately 140 acres of prime development land annexed into the Town of Strathmore and within the Town of Strathmore’s Municipal Development Plan (MDP) boundary. This generational family parcel is now being offered for sale, presenting a rare chance to secure a significant land holding positioned for future residential community development.Located north of the Strathmore Rodeo Grounds at the corner of Wheatland Trail and Township Road 244, the property offers excellent access to major transportation routes and logical extensions of municipal servicing. Strathmore, located just 55 km east of Calgary, continues to experience steady growth as part of the broader metropolitan region.The lands are designated in the MDP for residential and neighbourhood commercial uses, aligning with the Town’s long-term growth vision. A separate 20-acre parcel (Plan 9912741), designated for institutional use (such as a church), has previously been subdivided from the quarter section and is not included in this offering.To achieve the highest and best use, a future owner would advance the lands through the Town’s established development process, including servicing and environmental studies, followed by the preparation of an Area Structure Plan and Land Use Bylaw amendment. This creates a clear and structured path toward subdivision, development agreements, and construction.To support a well-informed transition, the seller has engaged Arcadis Professional Services (Canada) Inc. as an advisor. Their multidisciplinary team brings extensive experience in planning, engineering, and environmental services, with direct knowledge of Strathmore’s development framework.This is a rare opportunity to acquire a strategically located land parcel with strong long-term development potential in a growing community. (id:61970)

Investment highlights

01Vacant Land

Property details

Property type: Vacant Land
Transaction: For sale
Site area: 138.01 acres
Listing brokerage: Coldwell Banker Mountain Central
Listing representative: Robert Vanovermeire
Board / association: Calgary

Financial information

Asking price$3,500,000

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Location intelligence

4;25;24;26;SW Township Road 244
Strathmore, Alberta T0J1Y0

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial buyer representationAcquisition scope, agency, conflicts, information, compensation and exit →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Selling commercial propertyOwner objectives, evidence, marketing, offers and closing →Commercial pricing and positioningProperty interest, buyer audience, evidence and launch strategy →Commercial offering memorandumSource control, analysis, privacy, attribution and corrections →Public vs. confidential marketingReach, disclosure, qualification and reporting controls →Buying tenant-occupied commercial propertyLease, rent roll, tenant evidence and closing continuity →Triple net lease investmentsExpense allocation, tenant covenant, remaining term and owner exposure →Commercial lease rollover riskExpiries, renewal uncertainty, downtime and leasing capital →Commercial tenant covenant reviewLegal obligors, payment evidence, financial capacity and privacy →Lease security and letters of creditAmount, custody, expiry, draw and closing transfer →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 29582332
Last supplied (UTC): September 4, 2026
Listing brokerage: Coldwell Banker Mountain Central
Listing representative: Robert Vanovermeire
Board / association: Calgary

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Listing brokerage: Coldwell Banker Mountain Central · Listing representative: Robert Vanovermeire · Board/association: Calgary · Updated (UTC): Sep 4, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.