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Type
Vacant Land
On market
16d
Exceptional opportunity to own 151.21 acres of future development land ideally positioned along the north side of Highway 1 between Chestermere and Wheatland County in Rocky View County. This strategically located property offers incredible long-term potential with exposure to one of Alberta’s major transportation corridors and growing industrial/commercial expansion east of Calgary. The land is situated between Highway 1 and the CNR rail line with access from Vale View Road, making it well positioned for future investment or holding purposes. Currently utilized as agricultural land with a mix of cultivated acreage and grazing areas, the property features predominantly Class 2 soil. Existing nearby development includes industrial and business park projects, with continued growth and optimism in the corridor following the De Havilland Canada manufacturing plant groundbreaking and CGC in neighbouring Wheatland County. The property includes a two-storey residence with approximately 2,431 sq. ft. of developed space, a double detached garage, and a steel Quonset currently renting for $2800 per month. Additional revenue sources include agricultural and utility lease income. Crop lease is $6300 per year, AltaLink $3095.40 and Ember $1912.00 per year with a total of $44,907.40 income per year. Services are available to the property, and the site offers convenient access to Calgary, Chestermere, Strathmore, and major regional transportation routes. Whether you are an investor, developer, or land banker seeking future upside in one of Rocky View County’s emerging growth corridors, this property presents a rare opportunity to secure a substantial land holding with both present agricultural utility and future development potential. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 24, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Rocky View County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.