Public Lots


NEW! 9 PUBLIC LOTS NOW AVAILABLE!

A limited number of lots are available for purchase in ONE at Keswick! Purchase a lot directly from the developer and select your own builder. To begin your lot purchase, please review the information below.

PUBLIC LOT HOLD POLICY

 

  • – To place a lot on hold, please phone Beaverbrook at 780-484-4389, email [email protected] or register for more information above.
  • – Your lot will be held for 7 business days. 
  • – Before the end of the 7-day period, you must advise Beaverbrook if you wish to move ahead with the purchase. At that time, Beaverbrook will prepare a purchase agreement.
  • – You must complete the agreement and provide a 20% deposit for the total price of the lot within 7 days of receiving the purchase agreement.
  • – Remaining balance is due in 90 days.

 

TO CHALLENGE A LOT ON HOLD

 

  • – Provide Beaverbrook with a 20% deposit of the total lot price.
  • – Beaverbrook will notify the current lot holder. 
  • – The current lot holder will be given 48 hours (not including weekends or statutory holidays) to complete the Lot Purchase Agreement and provide 20% deposit or release the lot.
  • – If current lot holder releases the lot, the challenger will be required to complete a Lot Purchase Agreement.

 

LOT HOLD PROCESS INFORMATION

INITIAL DEPOSIT 

  • – 20% deposit due upon execution of the Purchase Agreement.

CLOSING

  • – Closing is due 90 days from the date of the Purchase Agreement unless otherwise specified.
  • – Takedown schedule to be considered if multiple lots are purchased.

INTEREST RATE 

  • – Prime + 3% from 30 days until closing.
  • – Default interest 18%.

DAMAGE DEPOSIT 

  • – $5,000 per lot will be held as security against damages. 

LANDSCAPING DEPOSIT

  • – $3,000 per lot will be held to ensure compliance with the landscape and architectural guidelines. 

ADDITIONAL NOTES

  • – Construction of the home must commence within 2 years of purchase. Construction must be substantially complete within 4 years of purchase.
  • – Lots may not be sold or transferred in any manner until construction of a single-family dwelling is substantially complete.
  • – Signage, other than one builder sign on the purchaser’s lot will not be permitted.
  • – Show homes are not permitted.
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