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10517 78 Av NW

0.5 Acres of Residential Land Offered at £1,402,517 in Edmonton, AB T6E 1P3

Residential Land Alberta Edmonton 10517 78 Av NW, Edmonton, AB T6E 1P3

Investment Highlights

  • Queen Alexandra is a central Edmonton community that is in close proximity to many schools and amenities.
  • This zoning allows for multifamily development up to 23 meters with a FAR of 3.0.
  • Frontage on 78 Avenue NW.

Executive Summary

The Brass III Multifamily Site is an opportunity to acquire a 21,730 SF parcel of land that has been rezoned to RM h23.0. This zoning allows for multifamily development up to 23 meters with a FAR of 3.0.

Attachments

document-52c20758a6cd80e8a405f81479c4a2f88ec759e28060671479c0971d69140d03

Property Facts

Price £1,402,517 Property Type Land
Sale Type Investment Property Subtype Residential
No. Lots 1 Total Lot Size 0.50 AC
Price £1,402,517
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.50 AC

1 Lot Available

Lot

Price £1,402,517 Lot Size 0.50 AC
Price Per AC £2,805,034
Price £1,402,517
Price Per AC £2,805,034
Lot Size 0.50 AC

21,730 SF

Description

Queen Alexandra is a central Edmonton community that is in close proximity to multiple schools, popular entertainment and shopping on Whyte Avenue and the busy University of Alberta campus. The University of Alberta currently has over 40,000 students and is projecting growth of 35% in the next ten years. Queen Alexandra has many older rental options which have very low historical vacancy. New rental options have been constructed in recent years, with great success in leasing velocity and strong rental rates.

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10517 78 Av NW, Edmonton, AB - aerial map view
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (97)
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zoning

Zoning Code RM (Residential)
RM (Residential)
  • Amit Grover
    Power Broker Amit Grover
  • Jandip Deol
    Power Broker Jandip Deol
  • Tracy Olmos
    Tracy Olmos
  • Brannon Guenette
    Brannon Guenette
(780) 540-5421

  • Listing ID: 33464735

  • Date on Market: 09/10/2024

  • Last Updated:

  • Address: 10517 78 Av NW, Edmonton, AB T6E 1P3

The Land Property at 10517 78 Av NW, Edmonton, AB T6E 1P3 is currently available For Sale. Contact Avison Young for more information.

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10517 78 Av NW, Edmonton, AB for sale Aerial- Image 1 of 2
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© 2024 CoStar Group

10517 78 Av NW
(780) 540-5421 x

10517 78 Av NW

1/4

Amit Grover

(780) 540-5421

(780) 540-5421

Jandip Deol

(780) 540-5422

(780) 540-5422

Tracy Olmos

(780) 428-7850

(780) 428-7850

Brannon Guenette

(780) 429-7850

(780) 429-7850

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