FS: two quarter acre of raw land in the County of Leduc

[armae]

FS: Two quarter acre of raw land in the County of Leduc

Location: NE ¼ 22-49-22-W4
Description: 133.96 acres more or less, 535 units of undivided interest, Official Land Title from the Government of Alberta. S & D International Group maintains 18 acres, 72/535 undivided interest.
Price: $25K obo

Location:SE ¼ 22-49-22-W4
Description: 113.71 acres more or less, 454 units of undivided interest, Official Land Title from the Government of Alberta. S & D International Group maintains 21 acres, 84/454 undivided interest.
Price: $25K obo

Advantages for both locations:
Adjacent to current residential developments of Windrose and Suntree in Leduc
South of the Leduc Golf & Country Club and West next to Highway #2.
Border of City of Leduc, the largest local residential community and commercial centre; Minutes away from Nisku, a major industrial park; and the Town of Beaumont, one of the top 3 fastest growing towns in Greater Edmonton
Within minutes to Leduc Common, where you find Walmart, Rona, Tim Horton, etc.; Edmonton International Airport, which is expanding rapidly in size and air traffic; South Edmonton Common, Canada’s third largest power centre after West Edmonton Mall and Toronto’s Yorkdale Centre

Contact: PM me

Note: I bought these lands in 2006 from S&D International Group. I am selling it to buy a house.

[SkittleFreak]

Not for creating a new racetrack?

[armae]

unfortunately, not :)

[legendboy]

pictures or describe the land itself

[freshprince1]

In the title is says "2 quater acre"...I assumed it was 1/4 of one acre, times two.

But in the descriptions, it lists both as over 100 acres? Do I not understand land divisions? Or is there typo in here?

[Maddog55]

2 quarter SECTIONS maybe? :dunno:

Section is 640 acres. 2 1/4's would be 320 total?

[ExtraSlow]

I think the OP means two quarter sections. A quarter section is 160 acres normally, so these must be oddly shaped.

[The Cosworth]

^^ those are quarter section locations so I would assume you are right

[Schwa]

What S&D project are these properties from?

And it's definitely not a quarter section for those prices. They are two 1/4 acre units.

[ExtraSlow]

Originally posted by Schwa
And it's definitely not a quarter section for those prices.
Good point.
the OP needs to provide clarification.

[armae]

Sorry for the confusion...

The lots are from S&D's Royal Links and Royal Links Point project. I own a quarter acre of undivided interest raw land from each project; ¼ acre from Royal Links and ¼ acre from Royal Links Point.

Location: http://members.shaw.ca/armae05/images/Lot%20Locations.jpg

[JGerke]

just curious....what is this land good for then? building a house or part of an existing project?...sorry for my ignorance!

[armae]

You can't build a house on these lands as they are not serviced yet. The Royal Links land is zoned for residential and the Royal Links Point land is zoned for commercial. What usually happens is you buy and hold this land for 3-5 yrs, then S&D will either develop the land themselves or another developer will buy it and develop it. I was hoping to hold on to it longer because Windrose is already on their last phase of development, http://www.maclab.com/overall_map_s_windrose.html but my wife wants a house.

[armae]

bump...

[spike7ss]

Thats right by my house.

Could one build a garage/shop there for storage?

[armae]

no because the land is not yet developed and serviced...

[Weapon_R]

If it's an undivided interest, how can you build anything at all on them?

[armae]

like i explained before, you can't build anything on these lands as they are not developed nor serviced yet. these lands are meant to be investments. basically, a developer will end up offering to buy the whole project or S&D will developed the land themselves.

[armae]

price reduced...