REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,490,000
Est. payment /mo
Active
10406/10410 97 Avenue NW NW Edmonton, AB T5K0B6
0.69 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Downtown (Edmonton)
MLS® Listing ID E4397019
Originating Board REALTORS® Association of Edmonton
Year Built 1951
Lot Size 0.690 Acres
Acres 30056.4
Property Description
Opportunity for the full ownership of the Panorama Development Site. Situated in central Edmonton, the site currently consists of four lots containing two walk up rental properties and 2 parking lots, generating $45,000 in net income. The property lies adjacent to an Edmonton Transit System bus stop and is only a minutes walk to the beautiful river valley trails. The approved development is expected to contain 26-storeys and 173 dwelling units with 217 parking stalls and 44 bicycle stalls. Comprised of a variety of bachelor's, one-bedroom and two-bedroom suites, the high-rise apartment will also showcase 5 stunning townhomes on the eastern end of the property. Established among Edmonton's most vibrant and lively neighbourhood of Downtown. The Panorama Development Land is centrally located directly off 97 Avenue along 104 Street, which sees up to 49,800VPD and is local to the surrounding communities of Downtown, Rossdale and Oliver with a combined population of 31,421. (id:24570)
Location
Province AB
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by RE/MAX Excellence