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4 Sqft Lot
$ 1,495,000
Est. payment | /mo
4 Sqft Lot
Key Details
Property Type Commercial
Sub Type Commercial Land
Listing Status Active
Purchase Type for sale
MLS® Listing ID E4369656
Lot Size 4 Sqft
Acres 0.404
Property Description
Opportunity knocking! Excellent 17,000.00 Sq.ft of Mid-rise development site in Downtown Edmonton- Just off Jasper Ave. right next to newer hi-rise condo - "The Property on Jasper". All the new condo unites will have overview of Downtown Sky Lite plus River. walking distance to new LRT and Dawson Park. New current zoning (DC 2) in place. It allow 6 storey / one underground parkade total of 75 units in place you built with wood construction to bring cost down and make much more affordable building. There are two older house (as is, where is) on site. It generates $8,500 per month rental income. Perfect re-developed property.
Location
Province AB
Community Boyle Street
Area Edmonton
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Jason Yeung • Royal Lepage Summit Realty