Description

27.13 acres in the CITY OF CALGARY with full frontage on MacLeod Trail (paved service road access on West side of MacLeod Trail) City address -- 21909 MacLeod Trail S.E. ---City of Calgary Zoning Special Purpose-Future Urban Developement. Log sided main residence is original(second owner since 1953) but quite suitable as excellent rental property- owner would consider 2 year lease back @ $2500.00/month. Property is fenced and X-fenced for pasture rotation for boarding 10 horses at present. Gorgeous 1.8 acre lake that has been stocked with trout in the past plus lower overflow pond.INVESTMENT FEATURE IS PERMITTED RESIDENTIAL SHOW HOME LAND LEASE revenue of $60,000./year plus proportionate share of property taxes AND $30,000. existing residence rental.Was listed for $3,630,000. based on 2012 market value and now the NEW community of LEGACY is in full DEVELOPEMENT, WHICH THIS PROPERTY DIRECTLY OVERLOOKS.