Photo by Whitehorse Star
JOHN COLE
Photo by Whitehorse Star
JOHN COLE
The last handful of country residential and urban lots developed by the Yukon government in Whitehorse were handed out in a land lottery Tuesday.
The last handful of country residential and urban lots developed by the Yukon government in Whitehorse were handed out in a land lottery Tuesday.
There were 79 applicants for the eight country residential lots which sold for between $80,712 and $135,000, depending on the size and whether any improvements were made to the property.
Thirty-eight applicants were after the two Copper Ridge lots; the 730-square-metre lot on Stope Way sold for $94,000 and the 1,000 sq.-m lot on Drift Drive sold for $112,500.
John Cole, the government's lands manager, said today there are no more government-developed lots in the Whitehorse inventory.
There won't be any until the new urban subdivision next to Arkell hits the market later this year.
The government, however, does have an inventory of 84 urban lots spread among the rural communities, Cole pointed out.
The City of Whitehorse will hold a lottery next Tuesday for three single-family lots and nine duplex lots in the Takhini North development.
Through a bid process in April, it is scheduled to award two Takhini North lots for multiple housing units and a residential-commercial mix lot.
It's also expected that another 30 single-family lots, 12 duplex lots and one multi-family lot will be available later this year in Takhini North.
There are currently no plans for more country residential lots developed by the Yukon government.
But the Ta'an Kwach'an Council and the Carcross-Tagish First Nation are in the advanced stages of their own country residential developments.
The Ta'an subdivision is in city limits, opposite the Hidden Valley subdivision, and the Carcross-Tagish development is just outside city limits, immediately west of the Carcross Cutoff, off the Klondike Highway.
In the case of both developments, title to the land will remain with the first nations and the purchasers will buy long-term lease arrangements that can be sold or transferred.
While the concept is new for the Yukon, it's common practice in other parts of Canada and the world.
Those whose names were drawn Tuesday have until March 9 to enter into an agreement for sale or forfeit the lot and their $300 deposit.
In the case of the Whitehorse Copper lot that went for $135,000, the previous buyers had already sunk a well, put in a driveway and erected a power pole before personal circumstances forced them to turn back the 1.6-hectare property, said government spokeswoman Nathalie Harwood.
Harwood said the previous buyers will recover the value of the improvements they put in.
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