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Strathmore · Vacant Land · under $3,800,000. Alerts only send when there are new or meaningfully updated matching homes.
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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:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Insurance estimate
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Commute
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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).
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Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 9, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.