$2,999,000
Joint venture opportunity - RA8 amendments include an increase in FAR to 3.0, the removal of the 50% site coverage restriction, and the removal of maximum density. One of the best development sites in the city!!!! RA8/DC2 zoned and approved for 6 storey, 100-120 townhouse & large family sized apartment/condominium units with underground parking - located a quiet tree lined street, yet less than 400m 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 128' deep - 4 titles). It has taken years to assemble the land and engage Stantec to go through the rezoning process for highest and best use. Currently there are 8 dilapidated 1/2 duplex residences, that are currently rented month to month at approximately $1000/month each(some vacant). Each 1/2 duplex is; ~1000 sq ft above grade,3 bedrooms/1 bathroom,full basements partially finished. The currently duplexes are not salvageable for renovation and best option is infill. (id:40616)
Business
Business Type
|
Other |
Business Sub Type
|
See remarks |
Property Details
MLS® Number
|
E4128153 |
Property Type
|
Vacant Land |
Neigbourhood
|
Holyrood |
Features
|
See Remarks |
Building
Constructed Date
|
2018 |
Fireplace Present
|
No |
Land
Acreage
|
No |
Size Irregular
|
29577.24 |
Size Total
|
29577.24 Sqft |
Size Total Text
|
29577.24 Sqft |
https://www.realtor.ca/real-estate/21395496/9412-9430-83-st-nw-edmonton-holyrood