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10406/10410 97 Avenue Nw Nw Edmonton, Alberta T5K 0B6

$4,490,000

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 bachelors, 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 Edmontons 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. (id:46923)

Property Details

MLS® Number E4397019
Property Type Vacant Land
Neigbourhood Downtown (Edmonton)

Building

ConstructedDate 1951

Land

Acreage No
SizeIrregular 30056.4
SizeTotal 30056.4 Sqft
SizeTotalText 30056.4 Sqft

https://www.realtor.ca/real-estate/27161515/1040610410-97-avenue-nw-nw-edmonton-downtown-edmonton

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Humaira Naikyar
Associate


RE/MAX Excellence
201-5607 199 St Nw
Edmonton, Alberta T6M 0M8

Dale J. James
Associate


RE/MAX Excellence
201-5607 199 St Nw
Edmonton, Alberta T6M 0M8

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