Strategically located in a rapidly growing neighbourhood, this lot offers exceptional accessibility and strong appeal for multifamily development - zoned for a 30-unit, up to 6 storey multifamily apartment. Just minutes from transit lines and commercial corridors, the site ensures easy commutes and high visibility. The surrounding area features a blend of residential communities, schools/Grant MacEwan, shopping centers, and parks, ideal for attracting long-term tenants. Future residents will benefit from proximity to employment hubs, medical facilities, and lifestyle amenities, while developers will appreciate the area’s stable market rents andrising property values. With ongoing infrastructure improvements and nearby new construction, this location is part of a thriving, upward-trending zone. Whether targeting young professionals, families, or downsizers, the neighborhood's demographics support various unit mixes. This is a rare opportunity to build in a location that balances convenience and livability.
Address
#1 10618 115 ST NW
List Price
$469,995
Property Type
Residential
Type of Dwelling
Vacant Lot/Land
Transaction Type
sale
Area
Edmonton
Sub-Area
Queen Mary Park
Lot Size
7496.96 Sq. Ft.
MLS® Number
E4437038
Listing Brokerage
Bode
Postal Code
T5H 3K8
Zoning
Zone 08
Exterior Features
Back Lane, Schools, View Downtown, See Remarks
Access To Property
Paved