Land Commercial for Sale
Property For Sale In Holyrood, Edmonton
- MLS®#: E4128153
- Price: $2,600,000
- Status: Active
- Year Built: 2018
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)!!!
Contact Elisse Moreno About MLS® E4128153
Elisse Moreno, 1.587.400.SOLD (7653) at Elisse Moreno & Caitlin Heine (REALTORS® with RE/MAX Real Estate), Suite 200, 10835 – 124th Street NW, Edmonton, Alberta, T5M 0H4
property information
- Property Type: Land Commercial
- MLS®#: E4128153
- Year Built: 2018
Community Information
- Neighbourhood: Holyrood
- City: Edmonton
- Postal Code: T6C 2Z7
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