DEVELOPERS/INVESTORS ALERT!! A rare & fantastic multi-family/commercial redevelopment opportunity in a PRIME and MUCH DESIRABLE UNIVERSITY GARNEAU neighbourhood. Subject property is part of a PARCEL OF LAND consisting of 4 adjacent lots for a total size of 16,990 sq ft, and to be sold together. Currently there are 3 existing homes providing holding income and a corner lot fronting 109 Street for maximum exposure to capitalize City of Edmonton's 109 Street Corridor Area Redevelopment Plan. Quiet, convenient & tree lined location with easy access to university campus, city centre, Whyte Avenue/Old Scona major shopping and entertainment districts, river valley trails & recreational amenities and more. Explore the high value potential of this exceptional commercial and residential mixed development site. Truly a PERFECT INVESTMENT OPPORTUNITY IN ONE OF EDMONTON'S MOST SOUGHT AFTER LOCATION.
Data was last updated March 6, 2025 at 09:30 PM (UTC)
Area Statistics
Listings on market:
77
Avg list price:
$825,000
Min list price:
$315,000
Max list price:
$3,850,000
Avg days on market:
43
Min days on market:
1
Max days on market:
772
Avg price per sq.ft.:
$502.28
These statistics are generated based on the current listing's property type
and located in
Zone 15. Average values are
derived using median calculations.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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