Courtesy Of Bill Reid Of Homes & Gardens Real Estate Limited.

9412-9430 83 Street

$2,999,999, .68 Acres

About This Property

*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
Acres0.68
TypeSingle Family
Sub-TypeVacant Lot
StatusACTIVE

Community Information

Address9412-9430 83 Street
AreaEdmonton
SubdivisionHolyrood
CityEdmonton
CountyALBERTA
ProvinceAB
Postal CodeT6C 2Z7

Exterior

Exterior FeaturesSee Remarks

Additional Information

ZoningDC2

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Listing information last updated on November 22nd, 2019 at 1:31am MST.

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2019 by the REALTORS® Association of Edmonton. All rights reserved.

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