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 [?]
Results
Monthly Principal [?]
Monthly Taxes [?]
Monthly Insurance [?]
Total Payment [?]
MLS®#: E4128171 $3,499,000 9412-9430 83 Street EDMONTON AB T6C 2Z7
Active
Description: Joint venture opportunity - RA8 amendments include an increase in FAR to 3.0, the removal of the 50% site coverage restriction, and the removal of maximum density. One of the best development sites in the city!!!! RA8/DC2 zoned and approved for 6 storey, ~100-120 townhouse & large family sized apartment/condominium units with underground parking - located a quiet tree lined street, yet less than 400m 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 128' deep - 4 titles). It has taken years to assemble the land and engage Stantec to go through the rezoning process for highest/best use. 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 partially finished. The currently duplexes are not salvageable for renovation and best option is infill.
Property Type:
RESIDENTIAL
Property Sub-Type:
Single Family
Area:
Edmonton
Zoning:
Zone 18
Ownership:
Fee Simple
Community Name:
Holyrood
Courtesy of:
HOMES & GARDENS REAL ESTATE LIMITED
Bill Reid, Associate