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$ 650,000
Est. payment | /mo
0.27 Acres Lot
$ 650,000
Est. payment | /mo
0.27 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Alberta Avenue
MLS® Listing ID E4454276
Lot Size 0.270 Acres
Acres 11761.2
Source REALTORS® Association of Edmonton
Property Description
INVESTORS ALERT! Your opportunity to own 2 consecutive lots ON A CORNER in the redeveloping area of Alberta Avenue! This 2-lot parcel consists of approximately 7920 SqFT. Recently rezoned to RMh23, the seller already has approved development permits from the city of Edmonton. Plans are complete - Once building permit is obtained, this project is ready for shovels in the ground. The proposed development includes a 5-storey mixed-use building with a medical clinic and pharmacy on the main floor, plus 36 residential units designed for senior housing. Plans also feature a beautiful roof top patio for residents to enjoy. This is a great central location close to public transit, shopping, restaurants, schools and more. Perfect opportunity for investors looking for a ready-to-go project with major potential! Building plans would be Eligible for the CMHC MLI Select Program (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by RE/MAX Professionals
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Nest Real Estate Group
Real Estate Team | License ID: 139039