Homes for sale - 10541 81 AV NW, Edmonton, AB T6E1X7

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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$2,495,000

Est. payment - /mo

5,872 SqFt

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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Square Footage 5,872 sqft

Price per Sqft $424

Subdivision Queen Alexandra

MLS® Listing ID E4396531

Originating Board REALTORS® Association of Edmonton

Year Built 1937

Lot Size 0.400 Acres

Acres 17424.0

Property Description

PRIME MULTI-FAMILY DEVELOPMENT OPPORTUNITY ON 0.40 ACRE SITE. EXCELLENT WHYTE AVENUE AREA PROPERTY! GREAT LOCATION FOR SIX STORIES OF RESIDENTIAL OR MIXED USE DEVELOPMENT. Fantastic Redevelopment Opportunity in the Whye Avenue Area. This site is 4 lots measuring 33' x 132'. Total site measures 132' wide x 132' deep for a total of 17,424 sq.ft. Directly south of South Park's approved development including four Towers up to 16 stories. Excellent church tenant in place with triple-net lease on building providing holding income until February 2027. Garage has rental income as well. Site has Medium Residential zoning and falls within the Strathcona Area Redevelopment Plan which allows 21 Meter height rezone good for 6 stories. Zoning Mixed Use (MU h16 f3.5 cf) Very high density with FAR 3.5. (id:24570)

Location

Province AB

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 21

Private Pool No

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Listed by RE/MAX Elite

+1(250) 882-3335

alex@victoriahomes.com

10541 81 AV NW Edmonton, AB T6E1X7

RE/MAX Generation

Key Details

Location

Exterior

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