Listing Provided Courtesy Of:
Courtesy of Bill Reid of Homes & Gardens Real Estate Limited.
Address
9412-9430 83 ST NW Edmonton, AB
Price
$ 2,600,000
Property Attributes
  • Listing#E4128153
  • TypeCommercial
  • CityEdmonton
  • AreaEdmonton
  • NeighbourhoodHolyrood
  • Postal CodeT6C 2Z7
  • StyleLand Commercial
  • Price$ 2,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.679 Acres
Listing Provided Courtesy Of:
Courtesy of Bill Reid of Homes & Gardens Real Estate Limited.
Data Source:
Alberta MLS - Edmonton - EREB
Property Description

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). Currently there are 8 dilapidated 1/2 duplex residences, that are currently rented month to month at approximately $1000/month each(2 vacant). 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)!!!

General Features

Coming Soon 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
Community Holyrood
Listing Area Edmonton
Status ACTIVE
Type Land Commercial
Year Built 2018

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T6C 2Z7

Statistics provided by Inside Real Estate

Price
AVG $2.17M
$2.6M
Visits
AVG 371
79
Year Built
AVG 1996
2018
Walkscore
AVG 53
58
Data Provided by Walkscore ® not using MLS data