$399,900
Rare multifamily redevelopment opportunity in Edmonton’s evolving Exhibition Lands corridor. This 70' x 149.5' vacant lot (10,465 sq ft / approx. 972 m²) in Elmwood Park offers exceptional potential for missing-middle multifamily development, with key due diligence already completed. Development package includes: • Phase 1 Environmental Report • Comprehensive zoning/development analysis • Concept plans supporting up to 8 residential units Ideally located minutes from the City of Edmonton’s transformational Exhibition Lands / Northlands revitalization initiative, positioning the property for strong long-term rental demand and urban intensification. Highlights: • Oversized rectangular interior lot • Vacant land — no demolition required • Multifamily redevelopment potential • Excellent fit for CMHC MLI Select financing strategies • Strong frontage and depth for efficient design • Close to EXPO Centre, LRT, Downtown, NAIT, Concordia & Yellowhead Trail ****Strong candidate for cash flow development.**** (id:63013)
Property Details
|
MLS® Number
|
E4489613 |
|
Property Type
|
Vacant Land |
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Neigbourhood
|
Elmwood Park |
|
Amenities Near By
|
Shopping |
|
Features
|
Treed, Flat Site, Lane |
Building
Land
|
Acreage
|
No |
|
Land Amenities
|
Shopping |
|
Size Irregular
|
973 |
|
Size Total
|
973 M2 |
|
Size Total Text
|
973 M2 |
https://www.realtor.ca/real-estate/29795602/12225-77-st-nw-nw-edmonton-elmwood-park