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Data Last Updated September 7, 2024, 8:12 pm

 
Courtesy of Michael Pavone RE/MAX Elite

Queen Alexandra
No Floor Plan Available
$2,495,000
MLS® #:  E4396531
Address:  ACCESS Addresses
Days On Market:  ACCESS Days on Market

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Descriptions:

PRIME MULTI-FAMILY DEVELOPMENT OPPORTUNITY ON 0.40 ACRE SITE. EXCELLENT WHYTE AVENUE AREA PROPERTY! GREAT LOCATION FOR SIX STORIES OF RESIDENTIAL OR MIXED USE DEVELOPMENT. Fantastic Redevelopment Opportunity in the Whye Avenue Area. This site is 4 lots measuring 33' x 132' totaling 132' wide x 132' deep for a total of 17,424 sq.ft. Directly south of South Park's approved development including four Towers up to 16 stories. Excellent church tenant in place with triple-net lease on building providing holding income until February 2027. Garage has rental income as well. Site has Medium Residential zoning and falls within the Strathcona Area Redevelopment Plan which allows 21 Meter height rezone good for 6 stories. Zoning Mixed Use (MU h16 f3.5 cf) Very high density with FAR 3.5.

Location & Listing Info:
Neighbourhood: Queen Alexandra
Lot Size: 0.40 sq.ft.
Zone: Edmonton
Property Info:
Property Type: Land Commercial
Year Built: 1937
Financial & Possession:
Additional Info:
Legal Description: 10541
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Contact Sherrie Anderson -
8104 - 160 Avenue, Edmonton, Alberta, T5Z 3J8
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Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated September 7, 2024, 8:12 pm.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.

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