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DESCRIPTION

RA8 amendments include an increase in FAR to 3.0, the removal of the 50% site coverage restriction, and the removal of maximum density.* CMCH FINANCE FOR 95% LTV* One of the best development sites in the city!!!! RA8/DC2 zoned and approved for 6 storey, ~100-120 townhouse & large family sized apartment/condominium units with underground parking - located a quiet tree lined street, yet less than 400m 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 128' deep - 4 titles). It has taken years to assemble the land and engage Stantec to go through the rezoning process for highest and best use. Currently there are 8 dilapidated 1/2 duplex residences, that are currently rented month to month at approximately $1000/month each(2 vacant). Each 1/2 duplex is; ~1000 sq ft above grade,3 bedrooms/1 bathroom,full basements partially finished. The currently duplexes are not salvageable for renovation and best option is infill.

KEY DETAILS
  • Price:
  • $3,499,000
  • 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

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