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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4414623
Year Built 1950
Property Description
Buy & Build potential up to 4 Story apartment for a 29 units on a RM h16 zoning "CORNER" lot 49.9' * 150'(140'). The site is backing to green space and off leash Park. The site location near Canadian tire & Superstore and public transportation to Kingsway mall. Bachelor (2 units), 1-bed (18 units), 2-bed (9 units). 29 units estimated gross income $528,000. Cap rate 5.25%. The seller is also option to build the completed project on request. The floorplan is for reference purposes only and is not final. The new owner will collaborate with the designer to optimize the potential of the lot. Photo is 3D rendering for illustration purpose only
Location
Province AB
Zoning Zone 07
Others
Tax ID 4444402602
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Copyright 2025 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Peter Chen • MaxWell Polaris