$1,299,900
Investment and Re-development opportunity in Downtown Edmonton.
Description
Opportunity knocking! Excellent 17,000.00 Sq.ft. of Mid-rise development site in Down Town Edmonton –Just off Jasper Ave. right next to newer hi-rise condo – “The property on Jasper”. All the new unites will have overview of Down Town Sky Lite Plus River. Walking distance to New LRT and Dawson Park. Current zoning (DC 2) in place. Hoiwever Owner is processing to re zoning to RM h23. It Allow 6 storey total of 75 units .you could built with wood construction to bring cost down and make much affordable building . There are two older house ( as is, where is) on site . It generates $8,000 per month rental income. Perfect holding property and re-developed later project. Asking $1,290,000.00 for quick sale. Call Jason c/o Royal lepage Summit realty Ltd at (780) 908-6886 for more information. Realtor is related to owner.
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