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$ 1,700,000
Est. payment | /mo
3,919 SqFt
$ 1,700,000
Est. payment | /mo
3,919 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3919
Square Footage 3,919 sqft
Price per Sqft $433
MLS® Listing ID 45188951
Year Built 2026
Lot Size 5,496 Sqft
Acres 5496.3545
Property Description
ATTENTION BUILDERS, DEVELOPERS, AND INVESTORS! Exceptional infill opportunity in premium West Meadowlark. This prime 50 x 110 lot comes with a FULLY APPROVED DEVELOPMENT PERMIT for a high-density, high-yield 6-unit project, allowing you to pour concrete almost immediately and target a completed project timeline by Summer 2027. Strategically and meticulously designed to align with CMHC MLI Select financing criteria to maximize your leverage and long-term cash flow, this project features two stunning 2-storey side-by-side duplex units boasting 1,500 sq. ft. above grade, 9 ceilings, quartz countertops, upgraded fixtures, and 3 bedrooms each. The plans further include two fully finished basement suites with an additional 720 sq. ft. of living space, 2 bedrooms down, and private separate access, alongside two double detached garages featuring premium, 1-bedroom self-contained garden suites built directly on top—complete with full kitchens, quartz countertops, and in-unit laundry. Designed for ultimate tenant comfort and utility efficiency, the approved mechanicals feature 6 on-demand high-efficiency hot water tanks, 3 A/C units, 2 new furnaces, and 3 linear gas fireplaces. Nestled on a beautiful, family-friendly street lined with mature trees, this high-demand rental pocket sits in an unbeatable location just minutes from West Edmonton Mall, schools, parks, and the brand-new LRT expansion line. The heavy lifting has been done for you—secure this turn-key development site today and step right into Edmonton's lucrative infill market! (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by Century 21 Quantum Realty
Nearby Locations
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Unit 1400 - 10665 Jasper Ave, Edmonton, Alberta, T6N1M2, CAN