12225 77 Street, Edmonton, AB T5B 2G9
Courtesy of Kenneth Dodds of Exp Realty.
- $387,900
- List Price
- $387,900
- Status
- ACTIVE
- Days on Market
- 149
- Price Change
- ▼ $12,000 1785675999
- MLS#
- E4489613
- Subtype
- Residential
- Lot Size
- 973
- MLS Area Major
- Edmonton
Property Description
Rare multifamily redevelopment opportunity in Edmonton’s evolving Exhibition Lands corridor. This 70' x 149.5' vacant lot (10,465 sq ft / approx. 972 m²) in Elmwood Park offers exceptional potential for missing-middle multifamily development, with key due diligence already completed. Development package includes: • Phase 1 Environmental Report • Comprehensive zoning/development analysis • Concept plans supporting up to 8 residential units Ideally located minutes from the City of Edmonton’s transformational Exhibition Lands / Northlands revitalization initiative, positioning the property for strong long-term rental demand and urban intensification. Highlights: • Oversized rectangular interior lot • Vacant land — no demolition required • Multifamily redevelopment potential • Excellent fit for CMHC MLI Select financing strategies • Strong frontage and depth for efficient design • Close to EXPO Centre, LRT, Downtown, NAIT, Concordia & Yellowhead Trail ****Strong candidate for cash flow development.****
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Additional Information
- Exterior Features
- Back Lane, Flat Site, Shopping Nearby, Treed Lot
- Community Features
- Elmwood Park
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