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Unreserved Public Real Estate Auction Home east exterior Property entrance 25,920± sq ft equestrian facility Foxwood Farms 4 Parcels of Real Estate – 535.577± Title Acres 5297± Sq Ft Executive Two-Storey Home – 1740± Sq Ft Home 25,920± Sq Ft Equestrian Facility – Cochrane, AB For more information: Thane Russell – Contact 403.397.5027 Jerry Hodge – Ritchie Bros. Real Estate 780.706.6652 | [email protected] Jon Lightbown – Ritchie Bros. Territory Manager 587.813.4012 | [email protected] Brokerage: Ritchie Bros. Real Estate Services Ltd. AB/Rocky View County 4 exceptional properties, beautifully appointed and extremely well located 8 miles North of Cochrane, 30 minutes Northwest of Calgary. On offer, a 5297± sq ft executive home on 140± ac, a 25,920± sq ft equestrian facility with 1740± sq ft home on 157.45± ac, 160± ac with 60 ft x 85 ft pole shed and 78.127± ac of farmland. Take advantage of this rare opportunity to purchase these amazing properties by unreserved public auction. Parcel 1 – NE-14-27-4-W5 – 140± Title Acres – Home Parcel 1993 built, 3604± sq ft executive two-storey split home with 1693± sq ft fully developed walkout basement and attached triple garage. Upgraded exterior and main floor, beautifully appointed 5297± sq ft of developed living space, (4) bedrooms, (4) bathrooms, vaulted ceilings, (4) fireplaces, (2) hot tubs, granite countertops, stainless steel commercial appliances, built-in wine dispenser, built-in Miele coffee machine, hardwood and tile flooring, in-floor and hydronic forced air heat and air conditioning, outdoor living space with outdoor kitchen and fireplace, extensive landscaping, paved parking and laneway, auto remote security gate, security system, 36 ft x 72 ft barn & storage building with (2) 12 ft x 72 ft lean-tos, natural gas, power, septic field system, water well, 100± ac cult, seeded mixed hay & pasture, 20± ac yardsite, balance bush, fenced and cross fenced into (7) paddocks, (3) livestock waterers. Taxes $6166.37. Visit our website for auction and property details: rbauction.com/realestate Will be sold to the highest bidder April 29, 2020 Online Real Estate Event Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. The information provided is a guide only. Open House Dates: April 4 & 18, 2020 – 2 to 4 pm

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Page 1: Foxwood Farms 4 Parcels of Real Estate – 535.577± Title ... · Bathroom Tile flooring Vanity counter and sink Jetted tub Shower Bidders must satisfy themselves as to the exact

Unreserved Public Real Estate Auction

Home east exterior

Property entrance

25,920± sq ft equestrian facility

Foxwood Farms 4 Parcels of Real Estate – 535.577± Title Acres 5297± Sq Ft Executive Two-Storey Home – 1740± Sq Ft Home 25,920± Sq Ft Equestrian Facility – Cochrane, AB

For more information: Thane Russell – Contact 403.397.5027Jerry Hodge – Ritchie Bros. Real Estate 780.706.6652 | [email protected] Jon Lightbown – Ritchie Bros. Territory Manager 587.813.4012 | [email protected]: Ritchie Bros. Real Estate Services Ltd.

AB/Rocky View County4 exceptional properties, beautifully appointed and extremely well located 8 miles North of Cochrane, 30 minutes Northwest of Calgary.On offer, a 5297± sq ft executive home on 140± ac, a 25,920± sq ft equestrian facility with 1740± sq ft home on 157.45± ac, 160± ac with 60 ft x 85 ft pole shed and 78.127± ac of farmland. Take advantage of this rare opportunity to purchase these amazing properties by unreserved public auction.

Parcel 1 – NE-14-27-4-W5 – 140± Title Acres – Home Parcel ▸ 1993 built, 3604± sq ft executive two-storey split home with

1693± sq ft fully developed walkout basement and attached triple garage. Upgraded exterior and main floor, beautifully appointed 5297± sq ft of developed living space, (4) bedrooms, (4) bathrooms, vaulted ceilings, (4) fireplaces, (2) hot tubs, granite countertops, stainless steel commercial appliances, built-in wine dispenser, built-in Miele coffee machine, hardwood and tile flooring, in-floor and hydronic forced air heat and air conditioning, outdoor living space with outdoor kitchen and fireplace, extensive landscaping, paved parking and laneway, auto remote security gate, security system, 36 ft x 72 ft barn & storage building with (2) 12 ft x 72 ft lean-tos, natural gas, power, septic field system, water well, 100± ac cult, seeded mixed hay & pasture, 20± ac yardsite, balance bush, fenced and cross fenced into (7) paddocks, (3) livestock waterers. Taxes $6166.37.

Visit our website for auction and property details: rbauction.com/realestate

Will be sold to the highest bidder

April 29, 2020 Online Real Estate Event

Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. The information provided is a guide only.

Open House Dates: April 4 & 18, 2020 – 2 to 4 pm

Page 2: Foxwood Farms 4 Parcels of Real Estate – 535.577± Title ... · Bathroom Tile flooring Vanity counter and sink Jetted tub Shower Bidders must satisfy themselves as to the exact

Visit our website for auction and property details: rbauction.com/realestate

Kitchen

Dining area

Living room

Sunken sitting room

Office

Parcel 1 – NE-14-27-4-W5 – 140± Title Acres – Home Parcel

Home ▸ 1993 built ▸ Recent exterior and main floor upgrades ▸ Total developed living space 5297± sq ft

· Main floor 2186± sq ft · Upper level 1418± sq ft · Walkout basement 1693± sq ft

▸ (4) Bedrooms, (4) bathrooms ▸ Main floor: kitchen & dining room, living room, sitting room,

office, back entry with laundry, bathroom ▸ Upper level: (3) bedrooms, (2) bathrooms ▸ Walkout basement: bedroom, hot tub room, games room with

wet bar and kitchen, storage room, cold room, utility room, patio doors to an exposed aggregate patio and covered patio

▸ Tiered deck with outdoor kitchen, fireplace and Arctic Spa hot tub

▸ Slate front walkway, covered entry and covered veranda ▸ Attached triple garage ▸ Hardie board exterior siding ▸ Asphalt shingles ▸ In-floor heated tile floors, basement and garage ▸ Hydronic forced air heat and air conditioning throughout

Utilities ▸ Water well ▸ Septic field system ▸ Natural gas, power ▸ Security system (third-party monitored)

Main FloorKitchen

▸ Extensive oak cabinetry ▸ Granite countertops ▸ Stainless steel commercial quality appliances ▸ Dacor natural gas 6-burner range with hood fan ▸ Sub-zero fridge ▸ Inverter under-counter microwave ▸ Bosch built-in dishwasher ▸ Miele built-in coffee machine with warming drawer ▸ Enomatic built-in wine dispenser ▸ Deep basin double sinks ▸ Pantry ▸ Island with carving top ▸ Breakfast nook ▸ Hardwood flooring

Formal Dining Room ▸ Hardwood flooring

Living Room ▸ Non-ceramic tile ▸ Vaulted ceiling ▸ Skylights ▸ In-floor heat

Sunken Sitting Room ▸ Hardwood flooring ▸ Wood burning fireplace with natural gas starter

Office ▸ Hardwood flooring

Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. The information provided is a guide only.

Page 3: Foxwood Farms 4 Parcels of Real Estate – 535.577± Title ... · Bathroom Tile flooring Vanity counter and sink Jetted tub Shower Bidders must satisfy themselves as to the exact

Visit our website for auction and property details: rbauction.com/realestate

Bedroom Bedroom

Parcel 1 Home Parcel cont’d

Main Floor Garage Entry, Laundry Room ▸ In-floor heat ▸ Tile flooring ▸ Pedestal front load LG washer & dryer ▸ Sink & cabinets

Main Floor Outdoor Living Space ▸ Tiered deck ▸ Maintenance free decking ▸ Outdoor kitchen ▸ Wood-burning fireplace with feature stone mantel ▸ Arctic Spa hot tub

Upper Level ▸ Carpet throughout

Master bedroom with ensuite ▸ Natural gas fireplace ▸ Walk-in closet ▸ Ensuite

· Tile flooring · In-floor heat · Feature 2-person jetted tub · Tile and glass shower · Vanity counter and sink

Bedroom 2 ▸ Walk-in closet

Bedroom 3 ▸ Walk-in closet

Bathroom ▸ Tile flooring ▸ Vanity counter and sink ▸ Jetted tub ▸ Shower

Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. The information provided is a guide only.

Outdoor living space

South deck & hot tub

Master bedroom

Master bedroom ensuite

Outdoor living area

Page 4: Foxwood Farms 4 Parcels of Real Estate – 535.577± Title ... · Bathroom Tile flooring Vanity counter and sink Jetted tub Shower Bidders must satisfy themselves as to the exact

Visit our website for auction and property details: rbauction.com/realestate

Home exterior

Parcel 1 Home Parcel cont’dWalkout Basement

▸ Fully developed ▸ In-floor heat ▸ Patio doors to exposed aggregate patio and covered

patio

Games Room with wet bar & kitchen ▸ Tile and carpet flooring ▸ Wood burning fireplace with natural gas starter

and feature stone mantel

Hot tub room ▸ Tile and cedar flooring ▸ California hot tub

Bathroom ▸ Tile flooring ▸ Shower

Storage room and cold roomUtility room

▸ (2) Hydronic forced air furnaces ▸ Hot water boiler ▸ On-demand hot water boiler (new 2018) ▸ Hot water tank ▸ Well water pressure system

Attached Triple Garage ▸ 37 ft x 24 ft ▸ (3) 9 ft W x 7 ft H overhead door auto ▸ In-floor heat

Other Property Features ▸ Extensive mature landscaping ▸ Paved parking and laneway ▸ Security gate with auto remote

Barn & Storage Building ▸ 36 ft x 72 ft with (2) 12 ft x 72 ft lean-tos ▸ 36 ft x 72 ft portion

· Concrete floor· Insulated, radiant heat· Water and power· Tack room· (2) 10 ft x 10 ft sliding doors· (2) Box stalls

▸ (2) 12 ft x 72 ft lean-tos · Gravel floor · South end open

Livestock Shelters ▸ (4) 10 ft x 20 ft metal clad (to sell separate)

Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. The information provided is a guide only.

Attached garage

Wet bar & entertaining kitchen

Entertaining area Spa Room

Living room

Page 5: Foxwood Farms 4 Parcels of Real Estate – 535.577± Title ... · Bathroom Tile flooring Vanity counter and sink Jetted tub Shower Bidders must satisfy themselves as to the exact

Visit our website for auction and property details: rbauction.com/realestate

Equestrian Facility Exterior

Interior

Interior

Mezzanine apartment Equestrian facility washroom

Riding Arena

Parcel 2 – SW-23-27-4-W5 – 157.45± Title Acres – Home Parcel ▸ 2008 built, 25,920± sq ft equestrian facility that includes a 84

ft x 200 ft heated riding arena, a 36 ft x 160 ft horse barn with (2) tie and (22) box stalls, a 40 ft x 84 ft administration, tack, horse wash bay, mezzanine apartment and viewing area. 36 ft x 200 ft feed & equipment storage building, outdoor riding arena, 2008 built, 1740± sq ft (5) bedroom, (4) bathroom, home, fully developed walkout basement, detached 30 ft x 40 ft garage, natural gas, power, (2) water wells, (2) septic field systems, 120± ac cult, seeded hay & pasture, 20± ac yardsite, balance bush, fenced, cross fenced, (10) paddocks, (12) day turnout stalls, (6) livestock waterers, Hwy 22 frontage. Taxes $13,182.79.

Equestrian Facility25,920± sq ft indoor riding facility

▸ 2008 built ▸ Insulated and heated ▸ Overhead radiant and forced air ▸ 200-amp power service, natural gas, water well, septic field

system ▸ Power & natural gas metered separate

16,800± sq ft riding arena ▸ 84 ft x 200 ft ▸ Floating floor ▸ 16 ft x 16 ft OH door ▸ 20 ft ceiling height ▸ Arena lighting, natural light ▸ Overhead forced air heat

3360± sq ft office & tack area ▸ 40 ft x 84 ft w/ mezzanine ▸ (2) 10 ft x 10 ft overhead door

Mezzanine apartment & arena viewing ▸ (1) bedroom, (1) bathroom, kitchen ▸ Forced air heat ▸ Fridge, stove, dishwasher ▸ Exterior balcony ▸ Office, tack locker room, (2) concrete wash bays, feed room,

(2) storage rooms, utility room, laundry room, washroom, over tack room storage

5760± sq ft horse barn ▸ 36 ft x 160 ft ▸ (2) 12 ft x 12 ft overhead doors ▸ (22) box stalls ▸ (2) tie stalls ▸ Storage room ▸ Overhead radiant heat

Feed & Equipment Storage Building ▸ 2008 built pole shed ▸ 36 ft x 200 ft ▸ 36 ft x 40 ft enclosed cold storage ▸ (1) 12 ft x 12 ft overhead door ▸ (1) 16 ft x 16 ft overhead door ▸ Power and water ▸ Dirt floor

36 ft x 160 ft enclosed one-side feed storage ▸ 20 ft x 36 ft shavings bay ▸ 36 ft x 140 ft hay storage ▸ 20 ft ceiling height

Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. The information provided is a guide only.

Page 6: Foxwood Farms 4 Parcels of Real Estate – 535.577± Title ... · Bathroom Tile flooring Vanity counter and sink Jetted tub Shower Bidders must satisfy themselves as to the exact

Visit our website for auction and property details: rbauction.com/realestate

Parcel 2

Dining area

Home exterior

Bedroom

Living room

Bathroom

Kitchen

Parcel 2 Home Parcel cont’d Outdoor Riding Arena

▸ (12) day turnout stalls with livestock waterers ▸ 200 feet of horse hitching rails

Home ▸ 2008 built ▸ 1740± sq ft, 29 ft x 60 ft ▸ Fully developed walkout basement ▸ (5) bedrooms, (4) bathrooms ▸ 800± sq ft wrap-around deck ▸ In-floor heat, basement and master bath ▸ Forced air heat and air conditioning

· York HVAC ▸ Separate power and natural gas meters ▸ Well water, septic field system

Main Floor ▸ Vaulted ceilings ▸ Linoleum & carpet flooring ▸ Front and back entry ▸ Back entry laundry & sink

· Washer & dryer not includedKitchen

▸ Skylights ▸ Built-in oven ▸ Electric countertop stove ▸ Fridge & dishwasher ▸ Island

Dining RoomLiving RoomOffice or DenBathroom

▸ Tub & shower surround(2) Bedrooms

▸ Master bedroom with ensuite· Double sinks· Soaker tub & shower surround· Double closets

Walkout Basement ▸ Linoleum & carpet flooring ▸ (3) bedrooms

· Dual master bedrooms with shared ensuite - Double sinks, tub & shower surround

▸ Bathroom· Shower

▸ Living Room· Patio doors to covered deck

▸ Utility Room· In-floor heat boiler· Hot water tank· Laundry - Washer & dryer not included · Water treatment system

Detached Garage ▸ 2008 built ▸ 30 ft x 40 ft ▸ Insulated ▸ (3) 10 ft x 10 ft overhead doors ▸ Concrete floor ▸ Power

Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. The information provided is a guide only.

Page 7: Foxwood Farms 4 Parcels of Real Estate – 535.577± Title ... · Bathroom Tile flooring Vanity counter and sink Jetted tub Shower Bidders must satisfy themselves as to the exact

Visit our website for auction and property details: rbauction.com/realestate

Cochrane

2 3FarmlandResidential

22

22

41

Directions to PropertyFrom Calgary, AB on Hwy 1A, go Northwest to Cochrane. From Cochrane, at the intersection of Hwy #1A and Hwy #22, go 13.4 km (8.4 miles) North on Hwy #22. Property on East side.

Red Deer R.

Red Deer R.

N. Saskatchewan

Bow R.

AlixArdley

Banff

Bassano

Beiseker

Bentley

Big ValleyBowden

Caroline

Castor

Cochrane

Condor

Crossfield

De Winton

East Coulee

Elkton

Exshaw

Ferrier

Halkirk

Hanna

High River

Hussar

HuxleyInnisfall

Lake Louise

Longview

Lousana

Milo

Mirror

MorrinOlds

Penhold

Rosebud

Scapa

Shouldice

Standard

StettlerStrachan

Sundre

Twining

Wimborne

Drumheller

Red Deer

Calgary

N

2

1A

22

1

Auction Property

Parcel 3 – SE-23-27-4-W5 – 160± Title Acres – Farmland

▸ 120± ac cult, 90± ac oats green feed 2019, 30± ac seeded pasture, balance yardsite, coulee and bush, fenced and cross fenced, (2) dugouts, (4) livestock waterers, 2015 built, 60 ft x 85 ft pole shed, steel livestock loading chute. Taxes $199.90

Parcel 4 – Plan 0915054 Lot 1 Blk 1 (N½ NW-14-27-4-W5) 78.13± Title Acres – Farmland

▸ 50± ac cult, seeded hay and pasture, balance native pasture, lowland, borders small lake, water well, power, heated water trough, fenced and cross fenced. Taxes $160.14.

Equestrian facility mezzanine viewing area

36 ft x 200 ft feed & equipment storage building

Parcel 2 – Entrance

Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. The information provided is a guide only.

Page 8: Foxwood Farms 4 Parcels of Real Estate – 535.577± Title ... · Bathroom Tile flooring Vanity counter and sink Jetted tub Shower Bidders must satisfy themselves as to the exact

March 31, 2020 11:56 AM

Unreserved Real Estate Auction – Terms and ConditionsThe following terms and conditions (the “Real Estate Terms”) form an integral part of the terms of the Bidder’s Terms of Bidding and Sale. The Real Estate Terms apply to all sales of real property (the “Property”), and apply only to sales of real property. Where the Real Estate Terms are applicable, the Real Estate Terms shall prevail to the extent of any conflict with the Terms of Bidding and Sale.

1. DEFINITIONS. In these Real Estate Terms, the “Seller” shall refer to the consignor of the Property and the “Buyer” shall refer to the bidder offering the highest bid accepted by the Auctioneer for the Property. Each capitalized term used herein but not otherwise defined shall have the meaning ascribed to such term in the Terms of Bidding and Sale.

2. UNRESERVED AUCTION. The Property shall be sold to the highest bidder regardless of price at unreserved public auction. The sale shall not be subject to any minimum bid or reserve price.

3. CASH SALE. This is a cash sale and is not contingent on the Buyer’s ability to obtain financing.

4. AGREEMENT OF PURCHASE AND SALE. The Buyer shall execute an Agreement of Purchase and Sale, in the form provided by the Auctioneer, without modification, immediately after being declared the high bidder.

5. AGENT OF SELLER. The Auctioneer (and any appointed real estate agent, where applicable) is acting as an agent of the Seller only, and not as an agent of the Buyer or as a dual agent. The Buyer may be required to sign an Agency Agreement acknowledging that they are aware they are not receiving any representation.

6. COMPLETION BY LEGAL REPRESENTATIVE. Completion and closing of all real estate transactions will be handled by legal representatives appointed by the Seller and Buyer, acting on behalf of the Seller and Buyer, respectively. All deposit, earnest and purchase monies in respect of the Property shall be paid to and deposited in trust with the legal representative for the Seller.

7. DEPOSIT. Immediately after being declared the high bidder, the Buyer shall submit a non-refundable deposit in trust to the legal representative for the Seller in the amount of 25% of the Purchase Price (the “Deposit”). The Auctioneer may, in its sole discretion, accept a Deposit of 10% of the Purchase Price if provided with an unconditional letter of financing from a lending institution acceptable to the Auctioneer. The balance of the Purchase Price shall be paid at or before closing.

8. TRANSACTION FEE. Immediately after being declared the high bidder, the Buyer shall pay the applicable transaction fee, if any, to the Auctioneer.

9. TAXES. Any and all applicable Federal, Provincial or State taxes (including property transfer tax, if applicable) must be paid by the Buyer in addition to the Purchase Price, at or before closing. Any and all applicable property taxes shall be paid at or before closing by the Seller and Buyer pro-rata based on the date of closing.

10. CLOSING. Closing will take place on the date that is 30 days after the date of the auction, or such other date as may be mutually agreed by the parties. The Buyer and Seller shall each be responsible for their own legal fees. Land title registration fees and applicable transfer fees shall be paid by the Buyer at or before closing. All necessary adjustments will be based on the agreed upon closing date.

11. NON-PERFORMANCE. Any failure by the Buyer to complete the purchase of the Property will result in the Deposit and any further interest in the Property being forfeited.

12. POSSESSION. The Buyer will receive vacant possession on the date of closing.

13. AS-IS SALE. The Buyer shall accept the Property “AS-IS”, “WHERE-IS”, and “WITH ALL FAULTS” as of the closing date and the Buyer specifically agrees that neither the Seller nor the Auctioneer make any representations or warranties of any kind whatsoever, expressed or implied, to the Buyer as to the value, condition or fitness of the Property, environmental or otherwise, or any part thereof or improvements thereon. All descriptions, measurements and acreage provided by the Seller and the Auctioneer are to be used as a guide only. The Buyer acknowledges and agrees that it is the Buyer’s sole responsibility to make such legal, factual and other inquiries, inspections and investigations as the Buyer considers necessary prior to bidding on the Property, and Buyer hereby warrants and represents that he shall have satisfied himself as to the location and condition of the Property, and all descriptions with respect thereto, prior to bidding, and that he has had the opportunity to do so. In certain circumstances the Seller will complete and provide a Property Condition Disclosure Statement. If a Property Condition Disclosure Statement is available, the Bidder may view such information.

14. PROPERTY BOUNDARIES. The Buyer will satisfy itself as to all property boundaries. If a dispute arises, verification of said boundaries will be at the Buyer’s expense.

15. NO MINES OR MINERALS. Mines and minerals are not included and shall not be conveyed with the Property unless otherwise expressly provided.

16. PERSONAL PROPERTY. No personal property shall be conveyed with the Property unless specifically included in the purchase agreement.

17. NO ASSIGNMENT. The Buyer shall not assign his bid or obligation to purchase the Property to a third party without the prior written approval of the Auctioneer.

18. FOREIGN OWNERSHIP RESTRICTIONS/TAXATION. Certain Canadian provinces impose foreign ownership restrictions or additional taxation on the purchase of real property by non-Canadian citizens and non-qualified Canadian organizations. THE BUYER ACKNOWLEDGES THAT IT IS THE BUYER’S SOLE RESPONSIBILITY TO MAKE ANY NECESSARY ENQUIRIES, INCLUDING, WITHOUT LIMITATION, CONSULTING WITH LEGAL ADVISORS, PRIOR TO BIDDING TO ENSURE THE BUYER IS LEGALLY ELIGIBLE TO PURCHASE THE PROPERTY.

19. ADDITIONAL DOCUMENTS. As a condition of closing, the Buyer may be required to sign certain disclosure documents as may be required by the applicable governing bodies.

rbauction.com/realestateVisit our website for auction and property details: