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Courtesy of Bill Reid of Homes & Gardens Real Estate Limited

9412-9430 83 Street
Zone 18 Edmonton T6C 2Z7

$2,999,000
Land Commercial

Main Photo: 9412-9430 83 Street in Edmonton: Zone 18 Land Commercial for sale : MLS®# E4128153
Photo 1: 9412-9430 83 Street in Edmonton: Zone 18 Land Commercial for sale : MLS®# E4128153
Photo 2: 9412-9430 83 Street in Edmonton: Zone 18 Land Commercial for sale : MLS®# E4128153
Photo 3: 9412-9430 83 Street in Edmonton: Zone 18 Land Commercial for sale : MLS®# E4128153
Photo 4: 9412-9430 83 Street in Edmonton: Zone 18 Land Commercial for sale : MLS®# E4128153
Photo 5: 9412-9430 83 Street in Edmonton: Zone 18 Land Commercial for sale : MLS®# E4128153
Photo 6: 9412-9430 83 Street in Edmonton: Zone 18 Land Commercial for sale : MLS®# E4128153
Photo 7: 9412-9430 83 Street in Edmonton: Zone 18 Land Commercial for sale : MLS®# E4128153
Photo 8: 9412-9430 83 Street in Edmonton: Zone 18 Land Commercial for sale : MLS®# E4128153
Photo 9: 9412-9430 83 Street in Edmonton: Zone 18 Land Commercial for sale : MLS®# E4128153
Photo 10: 9412-9430 83 Street in Edmonton: Zone 18 Land Commercial for sale : MLS®# E4128153
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
E4128153
Bus Major:
Other/See Remarks
Bus Minor:
Other/See Remarks
Build. Type:
See Private Remarks
One of the best development sites in the city. Approximately 30,000 sq ft of vacant land that developers may envision a large RA9/RA8 6 storey midrise apartment/condo building, or a smaller scale RA7 townhouse style project!!!! Valued at a very reasonable ~$100.00/sq foot (similar land projects currently priced/sold $130-140/sqft) - located on a quiet tree lined street, yet less than 400m (or a 90 second walk!!) from new LRT stop on the Valley line LRT. Approximately 30,000 square feet of land - the combination of 4 lots ( each lot is ~58' wide x ~140' deep - 4 titles). Currently there are 8 dilapidated 1/2 duplex residences, that are currently rented month to month at approximately $1000/month each(2 vacant). Each 1/2 duplex is; ~1000 sq ft above grade,3 bedrooms/1 bathroom,full basements. The currently duplexes are not salvageable for renovation and best option is infill. Potential for JV of 100 unit (2bdr/2bath) building which would have a value of ~$30M, and a build price of ~$15M.
Transaction Type:
For Sale
Property Type:
Land Commercial, Multi-Family Commercial
Major Bus Type:
Other/See Remarks
Minor Bus Type:
Other/See Remarks
Construction:
See Remarks
Building Type:
See Private Remarks
# Bldgs:
0
# Units:
0
Tot Pkg Spaces:
0
# Storeys:
6.0
Year built:
2018 (Age: 3)
Total Floor Area:
0 sq. ft.
Office Area:
0
Above-Main Flr Ofc Area SF:
0
Retail Area:
0 sq. ft.
Retail Size:
0 sq. ft.
Wrhse Size:
0 sq. ft.
Lot Area:
29,062.56 sq. ft.
Land Use/Zoning:
DC2
Lot Depth:
129'
Lot Frontage:
230'
Heating Source:
See Remarks
Plan:
5112HW
Title to Land:
Fee Simple
LINC Number:
2222207117
See Remarks
None Known
# Elevators:
0
# Docks:
0
# Grade Doors:
0
# Loading Doors:
0
Units Include:
Fridge
Ceiling Height:
0'
Services Connected:
Fully Serviced
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
HVAC:
See Private Remarks
Fire Protection:
See Private Remarks
Power Type:
See Remarks
Reports Avail:
Site Plans
Num. of Parcels:
1
Cap Rate %:
0.0
Gross Operating Income:
$0
Other Income:
$0
Effective Gross Income:
$0
Net Operating Income:
$0
Total Oper. Expenses:
$0
Tot Expenses:
$0
Days on System:
Entry date:
Sep 06, 2018
  • Photo 1: 9412-9430 83 Street in Edmonton: Zone 18 Land Commercial for sale : MLS®# E4128153
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  • Photo 8: 9412-9430 83 Street in Edmonton: Zone 18 Land Commercial for sale : MLS®# E4128153
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  • Photo 9: 9412-9430 83 Street in Edmonton: Zone 18 Land Commercial for sale : MLS®# E4128153
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  • Photo 10: 9412-9430 83 Street in Edmonton: Zone 18 Land Commercial for sale : MLS®# E4128153
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Data was last updated May 13, 2021 at 12:30 AM (UTC)

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.