9412-9430 83 Street, Edmonton
Land for Sale
- MLS®#: E4128171
- Price: $2,999,000
- Status: Active
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
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 Type: Land
- MLS®#: E4128171
- Address: 9412-9430 83 Street
- Neighbourhood: Holyrood
- City: Edmonton
- Postal Code: T6C 2Z7
- Exterior Features: See Remarks
- Front Exposure: East
- Frontage: 70.1 metres
services & amenities
- Heating: Y
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