$265,000

Vacant Land For Sale In Montrose, Edmonton, Alberta

$265,000

Property Information:

**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

Property Features:

  • Building Type: Vacant Lot
  • Lot Size: 575.99 Square Metres
  • Road Access: Paved
  • Site Influences: Back Lane, Landscaped, Schools
  • Title to Land: Fee Simple

Courtesy of: Exp Realty

Data was last updated 2024-11-20 at 20:32

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