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$ 3,600,000
Est. payment | /mo
0.51 Acres Lot
$ 3,600,000
Est. payment | /mo
0.51 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
Subdivision Boyle Street
MLS® Listing ID A2224705
Lot Size 0.510 Acres
Acres 0.51
Property Sub-Type Residential Land
Property Description
This is your RARE DEVELOPMENT OPPORTUNITY to BUILD a HIGH RISE RESIDENTIAL TOWER in a PRIME LOCATION in the heart of Edmonton in Valleyview! Located just steps from the Alberta Legislature Grounds in Edmonton's River Valley this prime land development site is optimal for future development with easy access to Edmonton's Downtown and River Valley. This 0.511 acre, 22,295 SQFT parcel of land is currently zoned as High-Density Residential (HDR) with a proposed land rezoning to Site Specific Development Control Provision (DC2) to accommodate a 31-storey residential building with ground level commercial units and stunning river views. Edmonton's River Valley is renowned for its trail network and recreational opportunities with access to over 180 km of trails, perfect for anyone one looking for an active lifestyle. The site's location to downtown Edmonton allows easy access to public transit and attractions like the ICE District, Rogers Place, MacEwan University and Edmonton's Jasper Avenue – the home to many restaurants, pubs and cafes and night life. The walkability of the site supports people travelling by foot, transit, bicycle or vehicle into the area to support both high density and transit-oriented development. Due diligence has been completed for the proposed project with records of reports and studies such as Drainage Service Report, Energy Modelling Report, Geotechnical Report, Shadow Study, Preliminary Hydrogeological Report and concept drawings. This is an incredible opportunity for experienced developers, REITs, and institutional investors to acquire and develop this high-potential site. Contact us today if you are interested in this ONCE IN A LIFETIME OPPORTUNITY!
Location
Province AB
County Edmonton
Zoning HDR - High Density Reside
Interior
Inclusions LAND ONLY
Exterior
Fence None
Building
Lot Description Back Lane, City Lot, Interior Lot, Level, Near Golf Course, Near Public Transit, Near Shopping Center, Private, See Remarks, Square Shaped Lot, Street Lighting
Others
Restrictions Restrictive Covenant
Tax ID 56145841
Listed by Century 21 Bamber Realty LTD.
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