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Land for sale

The City of Regina is seeking Offers to Purchase for the following land Parcel:

Address: 5382 – 2nd Avenue North, Regina, Saskatchewan (Ken Jenkins School) (Map 1, Map 2)

Subdivision: Normanview

Approximate Land Area: 3.8 acres 

Legal Description: Block R6, Plan 71R25931 - ISC Parcel #109671600

2017 Property Taxes: $49,512.58 (2017 Assessment of $3,064,500) 

Current Zoning: Institutional (I), with a portion of the property located in the Floodway (FW) designation

Appraised Value as Vacant: $3,112,000 (2015)

Conditions of Sale: The subject property will be sold on an "as is" basis only. There are no representations or warranties, expressed or implied, as to the fitness of the land for any particular purpose.

Comments: Your offer will only be considered if on a Form KJS and must be marked as KJS on the outside of the sealed envelope. Offeres will be evaluated beginning December 11, 2017. To be considered in the initial review, please have your offer submitted to the City of Regina Real Estate Branch prior to 2 p.m., Monday, December 11, 2017. The Request for Offers will remain open until a binding land purchase and sale agreement has been executed. The City of Regina has the right to refuse any offer submitted.  
 
The purchaser must enter into a binding land purchase and sale agreement (sample sale agreement) with the City within 30 days of the City giving notice of its offer being accepted.
 
The City of Regina’s role as regulatory, statutory or approving authority of subdivision applications, zoning regulations, development approvals and building permits is separate and distinct from, and not to be related in any way with its role as the seller of the subject property.

 

Contact: Keith Krawczyk
               Manager, Real Estate
               City Hall
               2476 Victoria Avenue
               P: 306-519-1497
               E: kkrawczy@regina.ca