Listing Presented by Raynell Penner, Agent with   (780) 238-0300
Map & Directions
Request a Showing
Contact:Raynell Penner, Agent

Mobile:(780) 238-0300
Fax:(780) 249-2424
Mortgage Calculator
Enter your corresponding mortgage information in the boxes below. You must enter the "mortgage amount", "fixed interest rate", and "term of loan". Taxes and Insurance are optional. Your results will be automatically shown in the boxes below Calculator Results.
Mortgage Amount [?]
Fixed Interest Rate [?]
Term of Loan [?]
Annual Taxes [?]
Annual Insurance [?]
Fees [?]
Monthly Principal [?]
Monthly Taxes [?]
Monthly Insurance [?]
Total Payment [?]
MLS®#: E4128153 $2,999,000 9412-9430 83 Street Edmonton AB T6C 2Z7
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 ~$100.00/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). Each 1/2 duplex is; ~1000 sq ft above grade,3 bedrooms/1 bathroom,full basements. The currently duplexes are not salvageable for renovation and best option is infill. Potential for JV of 100 unit (2bdr/2bath) building which would have a value of ~$30M, and a build price of ~$15M.
Property Type:
Property Sub-Type:
Land Commercial
Year Built:
Lot Square Feet:
Courtesy of:
Homes & Gardens Real Estate Limited
Bill Reid, Associate