Attention Builders and Investors!!
Tremendous opportunity to purchase 3 consolidated lots at the corner of 26 Avenue NE on the Centre Street, where a future Green Line LRT station will be built. The lots' location can be easily accessed from the Centre Street, Edmonton Trail, 4 Street NW and the 16 Avenue (Trans Canada Highway). Most importantly, it is only a 5-minute drive from/to downtown. At present, there is a house on one of the lots (at the south side) renting for $1700 per month (land value only).
With a total land size of 11,000 sq ft, land use MU-2 commercial and residential mixed-use with a maximum floor area ratio of 3, the lots have a huge potential to be developed into various commercial properties along with residential properties. In addition, the current owner is in the process of applying for discretionary use for 40 condo units and 1 floor of retail space. Which, will further increase the development potential.
Not a Condo
11,086.83 sq. ft.1,030 m2
Title to Land:
Sep 01, 2018
Fenced, Flat Site
Aug 17, 2018
Days on Mkt:
Listing information last updated on August 22, 2018 at 06:10 PM (UTC)
We make ourselves available at all times. Our web site is here to help you 24 hours a day. You can search listings at your own convenience, browse reports, and read up on real estate info on your own terms. When you are ready to see a listing in person, or just have a simple question, please don't hesitate to contact us!
Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
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. Used under license.
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. Used under license.