Land Commercial for Sale

Courtesy of Bill Reid of Homes & Gardens Real Estate Limited

Property For Sale In Holyrood, Edmonton

 Land Commercial for Sale, MLS® # E4128153
  • MLS®#: E4128153
  • Price: $2,600,000
  • Status: Active
  • Year Built: 2018
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Login or Create an Account to Access Financial Information Legal Description Lot Zoning

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)!!!

Contact Wayne Heine About MLS® E4128153

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Wayne Heine, 780.991.5107 at RE/MAX Real Estate, 10805 120 Street, Edmonton, Alberta, T5H-3P9

property information

  • Property Type: Land Commercial
  • MLS®#: E4128153
  • Year Built: 2018
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Community Information

  • Neighbourhood: Holyrood
  • City: Edmonton
  • Postal Code: T6C 2Z7
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$2,600,000

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Disclaimer: Copyright 2021 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated June 14, 2021, 9:35 am.

Wayne William Heine

Edmonton Lake Properties

RE/MAX Real Estate
10805 120 Street, Edmonton, Alberta, T5H-3P9

Tel: 780.991.5107
Email: Click Here

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.

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