Quick Summary
Quick Summary
- Desirable corner lot location with River Valley views
- Flexible RS zoning allows for various development options
- Potential for high-value multi-family construction
- Close proximity to Whyte Avenue, University of Alberta
- Opportunity for revenue-generating multi-unit property
- Potential for 3-storey, 5-plex development
- Convenient location near downtown and amenities
- Enforcement sale presents unique opportunity
Strathcona, RS -- Small Scale Residential - CORNER LOT, 33' X 128.2'. Currently a 1941 bungalow on the property but the value is in the land, the corner, & the RS zoning. Build your dream home with River Valley, Mill Creek & Downtown VIEWS. Upper / third floor terrace could see Mill Creek Ravine, the River Valley as well as Downtown /... Show More
Strathcona, RS -- Small Scale Residential - CORNER LOT, 33' X 128.2'. Currently a 1941 bungalow on the property but the value is in the land, the corner, & the RS zoning. Build your dream home with River Valley, Mill Creek & Downtown VIEWS. Upper / third floor terrace could see Mill Creek Ravine, the River Valley as well as Downtown / Hotel McDonald. Amazing. Homes up & down this area are selling for $1.5M+. The opportunities are endless & many multi-million dollar homes in this area of Strathcona, literally minutes from Downtown & located right in the River Valley. OR, built out a duplex or triplex on the corner lot with legal suites to have the ultimate in revenue-generating, top-of-the-line multi-family in one of Edmonton's best Neighbourhoods. Close proximity to the Whyte Avenue-area; the U of A; the Leg; Downtown, RE/MAX field & So much more! Enforcement Sale. This current RS zone allows for 45% Site Coverage in our new Zoning Bylaw effective Jan. 1, 2024 meaning one could build a 3 storey, 5-plex! (id:54626)
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