243211 Paradise Road
Chestermere T1X 0M9
MLS® Number: A2267442
$ 6,400,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
0
YEAR BUILT
PRIME 9.79-ACRE DEVELOPMENT OPPORTUNITY. This exceptional parcel in Chestermere’s highly desirable North Acreages offers a rare combination of immediate utility and massive future growth potential. Flat, fully fenced, and east-facing with scenic creek views, this site is perfectly positioned just minutes from Highway 1 and Calgary. FUTURE UPSIDE: A land-use redesignation is already underway, proposing a 43-lot R-1 single-family subdivision, plus R-3 multi-unit potential on the adjacent parcel. Substantial due diligence is complete and available to the buyer, including Engineering and Transportation Impact Assessments, Biophysical, Geotechnical, and Wetland studies, and Water/Wastewater servicing assessments. DEVELOP NOW – SKIP THE WAIT: Under the City’s 2023 approved Transitional Rural Residential (TRR) District, you can capitalize on this land today without waiting for city deep services. Utilize the existing high-capacity well and septic system to: • Subdivide into 1-acre parcels (minimum 1-acre lots permitted). • Build a single detached home with a secondary suite or a Bed & Breakfast. • Operational flexibility: Approved for major/minor home businesses, plus discretionary uses like Kennels, Animal Health Services, Child Care Facilities, or Places of Worship. • Servicing: TRR path allow for potable water via cisterns and wastewater via pump-out tanks. IMMEDIATE INCOME & UTILITY: The property includes a well-maintained 4-bedroom, 2-bathroom bungalow and outbuildings, allowing for owner use or rental income during the planning phase. Secure your stake in one of Alberta’s fastest-growing cities. 24-hour notice required for bungalow; land may be walked with a confirmed appointment. GST may be applicable. With strong housing demand and significant municipal growth, this 9.79-acre site presents a rare, high-ROI opportunity for developers and investors looking to secure a prime piece of Chestermere’s future.
| COMMUNITY | |
| PROPERTY TYPE | Residential Land |
| BUILDING TYPE | |
| STYLE | N/A |
| YEAR BUILT | 0 |
| SQUARE FOOTAGE | 0 |
| BEDROOMS | 0 |
| BATHROOMS | 0 |
| BASEMENT | |
| AMENITIES | |
| APPLIANCES | |
| COOLING | |
| FIREPLACE | N/A |
| FLOORING | |
| HEATING | |
| LAUNDRY | |
| LOT FEATURES | |
| PARKING | |
| RESTRICTIONS | None Known |
| ROOF | |
| TITLE | Fee Simple |
| BROKER | URBAN-REALTY.ca |
| ROOMS | DIMENSIONS (m) | LEVEL |
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