Located in Calgary, therefore residential development certainty is assured. Located within the North Sector of Calgary, which is one of Calgary’s primary development corridors; which is expected to continue to secure 25% of all new home residential demand through the period 2019 to 2023. Evidence as to the strength of the North Sector is apparent by Brookfield’s Livingston subdivision and Apex/Genstar’s Carrington subdivision. The Property has the potential to generate holding income from residential rental of the two houses, an agricultural lease for the current cattle and field operations, and the existing oil and gas facility.