Listing Presented by Raynell Penner, Agent with   (780) 238-0300
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Contact:Raynell Penner, Agent

Mobile:(780) 238-0300
Fax:(780) 249-2424
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MLS®#: E4206092 $2,600,000 9412-9430 83 Street Edmonton AB T6C 2Z7
Active
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 ~$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). 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)!!!
Property Type:
COMMERCIAL
Property Sub-Type:
Multi-Family Commercial
Area:
Edmonton
Year Built:
2020
Age:
1
Acres:
0.6790
Total Units:
120
Lot Square Feet:
29593.00
Zoning:
dc2
Courtesy of:
Homes & Gardens Real Estate Limited
Bill Reid, Associate