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Courtesy of Bill Reid of Homes & Gardens Real Estate Limited

9412-9430 83 Street, Holyrood, Edmonton, T6C 2Z7

0.68 Acres

$2,999,999

Single FamilyMLS #E4128171

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*September 2019 RA8 amendments include an increase in FAR to 3.0, the removal of the 50% site coverage restriction, and the removal of maximum density.* CMCH FINANCE FOR 95% LTV* One of the best development sites in the city!!!! Currently DC2 zoned and approved for 5 storey(Wood Frame), 47 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). 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 $1200/month each. 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.

Essential Information

  • MLS® #E4128171
  • Price$2,999,999
  • Bathrooms0.00
  • Has EnsuiteN
  • Acres0.68
  • Property TypeSingle Family
  • Building TypeVacant Lot

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Amenities

  • Exterior FeaturesSee Remarks

Additional Information

  • ZoningDC2
  • Lot ShapeRectangular
  • Front ExposureEast
  • Front Metres70.100

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