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$649,900
Est. payment /mo
7,201 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Grovenor
MLS® Listing ID E4445954
Lot Size 7,201 Sqft
Acres 0.16532339
Property Sub-Type Freehold
Source REALTORS® Association of Edmonton
Property Description
INTERIOR CORNER LOT in GROVENOR, approx 7,200 SQFT (Pie-Shaped) with RMh16 zoning – a rare opportunity with side and rear alley access offering exceptional design flexibility! Multiple development opportunities await on this ideally located parcel, including a 12-unit build as per concept renderings (Subject to City of Edmonton Approval), a mid-rise walk-up apartment, or even mixed-use potential with commercial on the ground floor and residential units above. Explore the possibilities with CMHC MLI Select Financing, thanks to the strong rental potential and prime location. Situated in the heart of Grovenor, this site is surrounded by custom infill homes, is just steps from the River Valley, the upcoming LRT station, and offers easy access to downtown. This is an ideal project for a builder or investor looking to capitalize on a thriving infill neighborhood with a strong tenant demographic. Amenities, Schools, Transportation and Shops are all within walking distance. A strategic addition to any portfolio. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
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Listed by Century 21 Quantum Realty