Listing Details

For more information on this listing or other please contact me.

Courtesy of Humaira Naikyar, Dale James of RE/MAX Excellence.
Data was last updated 2024-09-16 at 17:37:57 GMT

10406/10410 97 Avenue NW NW   Edmonton, AB

$4,490,000
MLS®: E4397019
Opportunity for the full ownership of the Panorama Development Site. Situated in central Edmonton, the site currently consists of four lots containing two walk up rental properties and 2 parking lots, generating $45,000 in net income. The property lies adjacent to an Edmonton Transit System bus stop and is only a minutes walk to the beautiful river valley trails.  The approved development is expected to contain 26-storeys and 173 dwelling units with 217 parking stalls and 44 bicycle stalls. Comprised of a variety of bachelor?s, one-bedroom and two-bedroom suites, the high-rise apartment will also showcase 5 stunning townhomes on the eastern end of the property.  Established among Edmonton?s most vibrant and lively neighbourhood of Downtown. The Panorama Development Land is centrally located directly off 97 Avenue along 104 Street, which sees up to 49,800VPD and is local to the surrounding communities of Downtown, Rossdale and Oliver with a combined population of 31,421.

Opportunity for the full ownership of the Panorama Development Site. Situated in central Edmonton, the site currently consists of four lots containing two walk up rental properties and 2 parking lots, generating $45,000 in net income. The property lies adjacent to an Edmonton Transit System bus stop and is only a minutes walk to the beautiful river valley trails. The approved development is expected to contain 26-storeys and 173 dwelling units with 217 parking stalls and 44 bicycle stalls. Comprised of a variety of bachelor?s, one-bedroom and two-bedroom suites, the high-rise apartment will also showcase 5 stunning townhomes on the eastern end of the property. Established among Edmonton?s most vibrant and lively neighbourhood of Downtown. The Panorama Development Land is centrally located directly off 97 Avenue along 104 Street, which sees up to 49,800VPD and is local to the surrounding communities of Downtown, Rossdale and Oliver with a combined population of 31,421.

Listing Information

Prop. Type:
Land (Commercial)
Status:
Active
City:
Edmonton
MLS® Number:
E4397019
Neighbourhood:
Downtown_EDMO
Area:
Edmonton
Province:
AB
Listing Price:
$4,490,000

General Information

Year Built:
1951
Zoning/Land Use Code:
For Sale
Region:
Edmonton

Additional Information

Plan:
2222HW
Legal Block:
A

Other Information

Land Size Acres:
0.69
Land Size Hectares:
0.28
Building Type:
See Private Remarks

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This property is listed by Humaira Naikyar, Dale James of RE/MAX Excellence and provided here courtesy of Ashley Agent. For more information or to schedule a viewing please contact Ashley Agent.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.