Property Type:Vacant Lot
MLS ® #:C4226732
On Site:122 Days
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 location can be easily accessed from the Centre Street, Edmonton Trail, 4 Street NW and the 16 Avenue (Trans Canada Highway). These lands have a huge potential to be developed into various commercial units on the main level with five levels of a high-end condo. It is only a 5-minute drive from/to downtown. City File NumberLOC2018-0039
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 3,700 Square meters, based on a building floor to parcel area ratio (FAR) of 3.7 and a maximum building height of 26 meters.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Listing Information Last Updated 6/18/2019
Listing provided courtesy of Wexcel.
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. Data supplied by CREB®'s MLS® System. Data is deemed reliable but is not guaranteed accurate by CREB®.