One of the best development sites in the city. Approximately 30,000 sq ft of vacant land that developers may envision a large RA9/RA8 6 storey midrise apartment/condo building, or a smaller scale RA7 townhouse style project!!!! Valued at a very reasonable ~$85.00/sq foot (similar land projects currently priced/sold $130-140/sqft) - located on a quiet tree lined street, yet less than 400m (or a 90 second walk!!) from new LRT stop on the Valley line LRT. Approximately 30,000 square feet of land - the combination of 4 lots ( each lot is ~58' wide x ~140' deep - 4 titles). Potential for JV of 100 unit (2bdr/2bath) building which would have a value of ~$30M, and a build price of ~$15M. BUILDER/DEVEOPER COULD ALSO BUILD (9 SKINNY HOMES) OR (10 -1/2 DUPLEXES)!!!
- Price:
- $2,600,000
- Bedrooms:
- 0
- Full Baths:
- 0
- Square Footage:
- n/a
- Acreage:
- n/a
- Listing #:
- E4128171
- Street Address:
- 9412-9430 83 Street
- City:
- Edmonton
- State:
- AB
- Area:
- Holyrood
- Listing Status:
- For Sale - Active
Building
- Building Faces:
- East
Land
- Conforms To Zoning:
- Zone 18
- Lot Features:
- See Remarks
- Lot Shape:
- Rectangular
- Road Access:
- Paved
Source
- Provided By:
- Courtesy of Stuart Reid of Homes & Gardens Real Estate Limited
