This is an excellent opportunity to acquire a fully permitted site for an 8-unit complex in a prime location! Here's a concise summary highlighting the key features: DP was obtained on the Site for an 8-unit residential complex. Design: 4 two-storey units upstairs (2 units at 1273 sqft, 2 at 1285 sqft) and 4 one-bedroom basement units (each 578 sqft) Vacant Lot: 48.55 x 135 ft, ready for development Zoning: RS, allowing for a variety of building options Location: Alley entrance with no eastern neighbors, facilitating easy construction and tenant access Transport & Amenities: 1 block from LRT, proximity to ravine, shopping, Downtown, Whyte Ave,schools, rec centers. This is a rare opportunity to develop in a highly desirable area with excellent infrastructure and growth potential. If you're interested in building your investment portfolio or creating a rental income powerhouse, this site is as good as it gets!
Data was last updated July 11, 2025 at 05:30 PM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$577,499
Min list price:
$295,000
Max list price:
$2,099,000
Avg days in system:
39
Min days in system:
1
Max days in system:
394
Avg price per sq.ft.:
$420.68
These statistics are generated based on the current listing's property type
and located in
Zone 17. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on July 11, 2025 at 05:30 PM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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