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- Listing#E4128171
- TypeSingle Family
- CityEdmonton
- AreaEdmonton
- NeighbourhoodHolyrood
- Postal CodeT6C 2Z7
- Style
- Price$ 2,999,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Listing Provided Courtesy Of:
Courtesy of Bill Reid of Homes & Gardens Real Estate Limited.
Data Source:
RAE
Property Description
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.
General Features
Class | RESIDENTIAL |
---|---|
Community | Holyrood |
Listing Area | Edmonton |
Ownership Interest | Private |
Site Influences | See Remarks |
Status | ACTIVE |
Type | Single Family |
Zoning | Zone 18 |
Interior Features
Ensuite | No |
---|
Exterior Features
Public Remarks | 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 |
---|---|
Building Type | Vacant Lot |
Front Exposure | East |
Frontage (metres) | 70.1 |
Lot Shape | Rectangular |
Lot Sq Metres | 2757.5 |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Postal Code Average in T6C 2Z7
Statistics provided by Inside Real Estate