Edmonton, AB T6E1X7 10541 81 AV NW
$2,595,000



13 more














Presented By: RE/MAX Elite
Home Details
CURRENTLY IN THE PROCESS OF REZONING TO 23 METER HEIGHT GOOD FOR 6 STORIES OF DEVELOPMENT & F.A.R of 4.5 !!!. PRIME MULTI-FAMILY DEVELOPMENT OPPORTUNITY ON 0.40 ACRE SITE. EXCELLENT WHYTE AVENUE AND UNIVERSITY AREA! GREAT LOCATION FOR SIX STORIES OF RESIDENTIAL OR MIXED USE DEVELOPMENT. Fantastic Redevelopment Opportunity in the Whye Avenue and University Area. This site is 4 lots measuring 33’ x 132’ totaling 132’ wide x 132’ deep, for a TOTAL OF 17,424 sq.ft. Directly south of South Park’s approved development including four Towers up to 16 stories. Excellent church tenant in place with triple-net lease on building providing holding income until February 2027 (May be able to relocate tenant sooner if needed). Garage has rental income as well. Site currently has Residential mixed use zoning (MU h16 f3.5 cf). with existing very high density of FAR 3.5. (id:7434)
Presented By: RE/MAX Elite
Interior Features for 10541 81 AV NW
Other Interior Features
Building Fireplace PresentFalse
General for 10541 81 AV NW
NeighbourhoodQueen Alexandra
Property TypeVacant Land
Additional Details

Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty