6940 178 Av NW - Crystallina Nera East 5.06 Acres of Commercial Land Offered at £3,592,239 in Edmonton, AB T5E 5S7
INVESTMENT HIGHLIGHTS
- The property is located in the highly desirable neighborhood of Crystallina Nera.
- Only 20 minutes from the downtown core, the property epitomizes accessibility.
- Its convenient location offers connectivity to major arterial routes including Anthony Henday Drive, 66 Street, and Yellowhead Trail.
EXECUTIVE SUMMARY
Located in northeast Edmonton, the site is adjacent to the Alliance Centre and is under the Crystallina Nera East Neighbourhood Structure Plan (NSP). Strategically situated in a high exposure location, the site is located on the northwest corner of 66 Street and 178 Avenue experiencing over 15,900 vehicles per day. The site is in the process of being rezoned to RM h23.0, allowing for multi-unit housing between 4 and 8 storeys in height. Maximum Height = 23.0m Max FAR = 3.0 Minimum Density = 75 Dwellings/ha.
PROPERTY FACTS
| Price | £3,592,239 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 5.06 AC |
1 LOT AVAILABLE
Lot
| Price | £3,592,239 |
| Price Per AC | £709,928.73 |
| Lot Size | 5.06 AC |
5.06 Acres of Multifamily Land
DESCRIPTION
The property is located in the highly desirable neighborhood of Crystallina Nera and is one of the few offerings of this size available within the Anthony Henday Ring Road. Its convenient location offers connectivity to major arterial routes including Anthony Henday Drive, 66 Street, and Yellowhead Trail. Only 20 minutes from the downtown core, the property epitomizes accessibility. Located minutes from several retail outlets, the property provides access to all amenities: Alliance Centre (neighborhood convenience center), Namao Centre (big-box retail), Sobeys, Shoppers Drug Mart, Rona, Canadian Tire, and Eaux Claires Transit Station.
ZONING
| Zoning Code | CN (Neighbourhood Commercial (Rezoning application submitted for RM h23.0)) |
