Investment and Re-development opportunity in Downtown Edmonton.

10438 91 Street Northwest, Edmonton, AB, Edmonton 13 days ago
Studio Bedrooms
Land for Sale Type
Description
Opportunity knocking! Excellent 17,000.00 Sq.ft. of Mid-rise development site in Down Town Edmonton –Just off Jasper Ave. right next to newer hi-rise condo – “The property on Jasper”. All the new unites will have overview of Down Town Sky Lite Plus River. Walking distance to New LRT and Dawson Park. Current zoning (DC 2) in place. Hoiwever Owner is processing to re zoning to RM h23. It Allow 6 storey total of 75 units .you could built with wood construction to bring cost down and make much affordable building . There are two older house ( as is, where is) on site . It generates $8,000 per month rental income. Perfect holding property and re-developed later project. Asking $1,290,000.00 for quick sale. Call Jason c/o Royal lepage Summit realty Ltd at (780) 908-6886 for more information. Realtor is related to owner.
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Market Price Insight
Based on 139,007 rental transactions in Edmonton
$0.82
Avg $/sqft
$1,297
Avg Monthly
100133% above avg
This Listing
Source: Market data 2019–2026 · Edmonton
Location

Approximate location shown for privacy.