#1 10618 115 St Nw Edmonton, Alberta T5H 3K8

$495,000

Strategically located in a rapidly growing neighbourhood, this lot offers exceptional accessibility and strong appeal for multifamily development - zoned for a 30-unit multifamily apartment. Positioned just minutes from transit lines and commercial corridors, the site ensures easy commutes and high visibility. The surrounding area features a blend of residential communities, schools/Grant MacEwan, shopping centers, and parks, ideal for attracting long-term tenants. Future residents will benefit from proximity to employment hubs, medical facilities, and lifestyle amenities, while developers will appreciate the area’s stable market rents andrising property values. With ongoing infrastructure improvements and nearby new construction, this location is part of a thriving, upward-trending zone. Whether targeting young professionals, families, or downsizers, the neighborhood's demographics support various unit mixes. This is a rare opportunity to build in a location that balances convenience and livability. (id:46923)

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https://www.realtor.ca/real-estate/28328168/1-10618-115-st-nw-edmonton-queen-mary-park