10541 81 Avenue, Edmonton, Alberta (MLS E4396531)

Property for Sale in Edmonton

10541 81 Avenue, Edmonton, AB

  • CA$2,495,000
  • 0 BEDS
  • 0 BATHS
  • 0.40 ac Land
  • CA$2,495,000

Property for Sale in Edmonton

10541 81 Avenue, Edmonton, AB

  • CA$2,495,000
  • 0 BEDS
  • 0 BATHS
  • 0.40 ac Land
  • CA$2,495,000

Key Facts

  • MLS® #: E4396531
  • Property ID: SIRC1973243
  • Property Type: Residential, Other
  • Lot Size: 0.40 ac
  • Year Built: 1937
  • Listed By:
  • RE/MAX Elite

Property Description

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’. Total site measures 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.

Listing Agents

RE/MAX Elite

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Location

10541 81 Avenue, Edmonton, Alberta, T6E 1X7 Canada

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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. Data was last updated 2024-10-28 23:48:26. Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
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