Property view at 241203 Range Road 280  , Rural Rocky View County - Residential investment property with 5 bed, 4 bath, 3,430 sqft - Photo 1 of 50 | Calgary real estate investment
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241203 Range Road 280

Rural Rocky View County, Alberta t0j1x0
MLS® A224372887 days on marketListed Jul 27, 2025
Exclusive Offering
$4,750,000
5Bedrooms
4Bathrooms
3,430Living Space
5Garage Spaces
1993Year Built

Property Overview

Welcome to 241203 Range Road 280, Located right on the east boarder of the City of Chestermere.

This property has almost 65 Acres of Residential - Country Residential District zoned land. (minimum lot size 1.98 Acres). This property would be a great candidate to subdivide into 2 acre parcels. The house is 3430 SF above grade with an attached triple garage plus 2 car tandem. The attached shop is 6500 SF and includes a loading bay with industrial loading dock, 12' high overhead doors, 10' concrete walls that are 14' high, insulated with 1" rigid insulation on the inside plus a 2x8 isolated framed interior wall. Total R value of walls is R40 plus the R value of the concrete walls.

Concrete floors have in floor heating through out the entire shop.

The entire structure has metal roofing, there is a 12000 L Cistern for City water if you choose, there is also a well that pumps 17 g/m. Duel septic fields at the rear of the property have been well maintained. House has triple pane windows, Central AC and in floor heating. There is an illegal suite on the main floor between the house and the tandem garage. It has a separate entrance from the yard as well as a door from the inside of the garage. The City of Chestermere has recently annexed up to the west line, as well as on the north side of the Trans Canada Highway. It is reasonable to think they will likely look into annexation of this property as well.

Copies of the Chestermere development plan are available as well as area structure plans for land just west of this property.

Investment Analysis

InvestCalgary Insights • Rental data from RentFaster.ca

Price per Sq Ft
$1,385/sqft
Premium pricing - ensure strong rent potential

Investment Considerations

Mature Property: Potential value-add opportunity through renovations. Budget for capital improvements.
Long Market Exposure: Significant negotiation opportunity. Consider reasons for extended listing period.
Residential Investment: Evaluate rental demand and property management requirements for this property type.

Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.

GA4 Testing

Tests 6 events including Tier 1 conversions