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    Courtesy of Bill Reid of Homes & Gardens Real Estate Limited.

    9412-9430 83 Street

    Edmonton, AB T6C 2Z7
    • $2,999,000
    • STATUS: Active
    • ID#: E4128171
    UPDATED: 204 min ago
    $2,999,000
    • 0
      BEDS
    • 0.68
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighbourhood:
    Type:
    Vacant Land / Lots
    Area:

    Description

    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/best use. Currently there are 8 dilapidated 1/2 duplex residences, that are currently rented month to month at approximately $1000/month each(2 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.

    Monthly Payment Calculator



    © 2020 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data last updated: 2020-11-29T23:36:03.68 UTC.
    Mortgage Calculator is provided by BoomTown.
    www.muveteam.com/homes/87241473
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    9412-9430 83 Street Edmonton, AB T6C 2Z7

    • Price: $2,999,000
    • Status: Active
    • Updated: 204 min ago
    • ID#: E4128171
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.68
    Acres
    Neighbourhood:
    Holyrood
    Area:
    Edmonton
    Property Description
    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/best use. Currently there are 8 dilapidated 1/2 duplex residences, that are currently rented month to month at approximately $1000/month each(2 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.
    Exterior Features

    Front Exposure East Frontage Metres 70.1 Lot Shape Rectangular Site Influences See Remarks

    Interior Features

    Bedrooms Above Grade 0 Ensuite No Rooms Above Grade 0

    Property Features

    Building Type Vacant Lot Road Access Paved Title To Land Fee Simple Zone Zone 18

    © 2020 REALTORS® Association of Edmonton. All Rights Reserved.
    Mortgage Calculator is provided by BoomTown.


    © 2020 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data last updated: 2020-11-29T23:36:03.68 UTC.
    Mortgage Calculator is provided by BoomTown.
     
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