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$298,000
Est. payment /mo
6,199 Sqft Lot
Active
11824 71 ST NW Edmonton, AB T5B 1W5
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4400906
Lot Size 6,199 Sqft
Property Description
**Exceptional Development Opportunity in Edmonton - Two Prime Lots Sold Together** **MLS ID: E4400906 & E440091** Seize this incredible investment opportunity in Edmonton! This unique package includes two prime lots, perfectly suited for development, with the flexibility to accommodate various residential projects. **Lot 1:** - **Size:** 125.3 ft x 49.6 ft - **Status:** Shovel-ready with an 8-plex plan and development permit approved - **Zoning:** RA7 (Low Rise Apartment Zone) - **Potential:** The existing plan allows for a medium-scale residential project, but can be modified to accommodate a 12-unit plan for even greater returns. **Lot 2:** - **Size:** 125 ft x 33.1 ft - **Status:** Ready for new construction, offering flexibility for custom plans - **Zoning:** RA7 (Low Rise Apartment Zone) - **Potential:** Ideal for a front-and-back duplex with two basement suites, totaling 4 units. **Additional Opportunity:** - **Expansion Potential:** Engage neighboring property owners to explore the possibility
Location
Province AB
Community Montrose (Edmonton)
Area Edmonton
Zoning Zone 06
Building
Building Description Vacant Lot/Land, Vacant Lot/Land
Structure Type Vacant Lot/Land
Others
Restrictions None Known
Ownership Private
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by . Ravneet Kaur • Exp Realty