Outlook for Residential and Non-Residential Land in the Greater - - PowerPoint PPT Presentation

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Jan 29, 2023 327 likes •477 views

Outlook for Residential and Non-Residential Land in the Greater Calgary Market (Session A2) Moderator: George Carras, RealNet Canada Inc. Panelists: Alan Norris, Carma Developers LP Paul Taylor, Hopewell Residential

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Outlook for Residential and Non-Residential Land in the Greater Calgary Market (Session A2)

Moderator:

– George Carras, RealNet Canada Inc.

Panelists:

– Alan Norris, Carma Developers LP – Paul Taylor, Hopewell Residential Communities – David Negrin, Concord Pacific Group Inc. – Helmar Basedow, Basedow International Inc.

SLIDE 2

Market Perspective: Calgary Development

George M. Carras P. Eng. RealNet Canada Inc.

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Noteable Low Density Transaction

Date: July 5, 2007 Size: 35.83 Acres Purchaser: Dundee Realty Corporation Price: $15,000,000 Price / Acre: $418,644 9049 Old Banff Coach Road S.W., Calgary

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Noteable High Density Transaction

606 – 628 12th Avenue S.E., Calgary Date: June 22, 2007 Size: 1.23 acres Purchaser: Torode Realty Group (TRL Real Estate Syndicate (05) Ltd.) Price: $10,300,000

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Comparing Vancouver, Calgary, Toronto

Detached, 36’ Lot Milton Arista Homes – Milton Trails 2,063 sf Detached, 36’ Lot Airdrie Jayman MasterBuilt – Auburn Bay 2,036 sf Detached, 36’ Lot Langley, ParkLane Homes – Bedford Landing 2,081 sf

Vancouver Calgary Toronto

$598,900 $488,900 $359,990

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Date: January 29, 2007 Size: 307.1 Acres Purchaser: Mattamy Homes Price: $40,000,000 Price / Acre: $130,251 8th Street – Prairie Springs Airdrie

Significant Land Transaction - Calgary

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Date: July 20, 2006 Size: 96.17 Acres Purchaser: Mattamy Homes Price: $15,000,000 Price / Acre: $155,974 Eighth Line - Trafalgar, Halton Hills

Long Term Land Transaction

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