9412-9430 83 Street, Edmonton

Courtesy of Bill Reid of Homes & Gardens Real Estate Limited

Land for Sale

9412-9430 83 Street, Edmonton, MLS® # E4128171

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 ~$100.00/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). Each 1/2 duplex is; ~1000 sq ft above grade,3 bedrooms/1 bathroom,full basements. The currently duplexes are not salvageable for renovation and best option is infill. Potential for JV of 100 unit (2bdr/2bath) building which would have a value of ~$30M, and a build price of ~$15M.

Contact Elisse Moreno About MLS® E4128171

Required Field

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
  • MLS®#: E4128171
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Community Information

  • Address: 9412-9430 83 Street
  • Neighbourhood: Holyrood
  • City: Edmonton
  • Postal Code: T6C 2Z7
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exterior

  • Exterior Features: See Remarks
  • Front Exposure: East
  • Frontage: 70.1 metres
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services & amenities

  • Heating: Y
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$2,999,000

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