780-970-7268 RE/MAX Excellence

Land Commercial for Sale

Courtesy of Bill Reid of Homes & Gardens Real Estate Limited

Property For Sale In Holyrood, Edmonton

 Land Commercial for Sale, MLS® # E4128153
  • MLS®#: E4128153
  • Price: $2,500,000
  • Status: Active
  • Year Built: 2018
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Login or Create an Account to Access Financial Information Legal Description Lot Zoning

RA8 amendments include an increase in FAR to 3.0, the removal of the 50% site coverage restriction, and the removal of maximum density.* CMCH FINANCE FOR 95% LTV* One of the best development sites in the city!!!! RA8/DC2 zoned and approved for 6 storey, ~60 townhouse & large family sized apartment/condominium units with underground parking - located a quiet tree lined street, yet less than 400m from new LRT stop on the Valley line LRT. Approximately 30,000 square feet of land - the combination of 4 lots ( each lot is 58' wide x 128' deep - 4 titles). It has taken years to assemble the land and engage Stantec to go through the rezoning process for highest and best use. Currently there are 8 dilapidated 1/2 duplex residences, that are currently rented month to month at approximately $1000/month each(some vacant). Each 1/2 duplex is; ~1000 sq ft above grade,3 bedrooms/1 bathroom,full basements partially finished. The currently duplexes are not salvageable for renovation and best option is infill.

Contact Janice Scott CPA, CMA About MLS® E4128153

Required Field

Janice Scott CPA, CMA, 780-970-7268 at RE/MAX Excellence, Excellence Professional Centre #201 5607 - 199 Street, Edmonton, Alberta, T6M OM8

property information

  • Property Type: Land Commercial
  • MLS®#: E4128153
  • Year Built: 2018
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Community Information

  • Neighbourhood: Holyrood
  • City: Edmonton
  • Postal Code: T6C 2Z7
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$2,500,000

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