9412-9430 83 St Nw Edmonton, Alberta T6C 2Z7
$2,600,000
One of the best development sites in the city. Approximately 30,000 sq ft of vacant land that developers may envision a large RA9/RA8 6 storey midrise apartment/condo building, or a smaller scale RA7 townhouse style project!!!! Valued at a very reasonable ~$85.00/sq foot (similar land projects currently priced/sold $130-140/sqft) - located on a quiet tree lined street, yet less than 400m (or a 90 second walk!!) 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 ~140' deep - 4 titles). Currently there are 8 dilapidated 1/2 duplex residences, that are currently rented month to month at approximately $1000/month each(2 vacant). Potential for JV of 100 unit (2bdr/2bath) building which would have a value of ~$30M, and a build price of ~$15M. BUILDER/DEVEOPER COULD ALSO BUILD (9 SKINNY HOMES) OR (10 -1/2 DUPLEXES)!!! (id:47810)
Business
| Business Type | Other |
| Business Sub Type | See remarks |
Property Details
| MLS® Number | E4128153 |
| Property Type | Vacant Land |
| Neigbourhood | Holyrood |
| Features | See Remarks |
Building
| Constructed Date | 2018 |
Land
| Acreage | No |
| Size Irregular | 29577.24 |
| Size Total | 29577.24 Sqft |
| Size Total Text | 29577.24 Sqft |
https://www.realtor.ca/real-estate/21395496/9412-9430-83-st-nw-edmonton-holyrood
Interested?
Contact us for more information
Bill Reid
Associate
(780) 436-6178
goo.gl/EAU6rv
3659 99 St Nw
Edmonton, Alberta T6E 6K5
(780) 436-1162
(780) 436-6178
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 04 2021 05:35:23
REALTORS® Association of Edmonton
Homes & Gardens Real Estate Limited