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Gurinder Grewal
Maxwell Polaris
202, 9618 42 Ave, Edmonton, Alberta
P: 780-450-6300
F: 780-450-6670
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Listing Details

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

Courtesy of RE/MAX Elite.
Data was last updated 2025-06-25 at 20:18:11 GMT
$2,495,000

10541 81 Avenue   Edmonton, Alberta

MLS®: E4396531
URL:    
PRIME MULTI-FAMILY DEVELOPMENT OPPORTUNITY ON 0.40 ACRE SITE. EXCELLENT WHYTE AVENUE AREA PROPERTY! GREAT LOCATION FOR SIX STORIES OF RESIDENTIAL OR MIXED USE DEVELOPMENT. Fantastic Redevelopment Opportunity in the Whye Avenue Area. This site is 4 lots measuring 33? x 132?. Total site measures 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. Garage has rental income as well. Site has Medium Residential zoning and falls within the Strathcona Area Redevelopment Plan which allows 21 Meter height rezone good for 6 stories. Zoning Mixed Use (MU h16 f3.5 cf) Very high density with FAR 3.5.
PRIME MULTI-FAMILY DEVELOPMENT OPPORTUNITY ON 0.40 ACRE SITE. EXCELLENT WHYTE AVENUE AREA PROPERTY! GREAT LOCATION FOR SIX STORIES OF RESIDENTIAL OR MIXED USE DEVELOPMENT. Fantastic Redevelopment Opportunity in the Whye Avenue Area. This site is 4 lots measuring 33? x 132?. Total site measures 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. Garage has rental income as well. Site has Medium Residential zoning and falls within the Strathcona Area Redevelopment Plan which allows 21 Meter height rezone good for 6 stories. Zoning Mixed Use (MU h16 f3.5 cf) Very high density with FAR 3.5.

Listing Information

Prop. Type:
Other
Status:
Active
City:
Edmonton
MLS® Number:
E4396531
Neighbourhood:
Queen Alexandra
Area:
Edmonton
Province:
Alberta
Listing Price:
$2,495,000

General Information

Year Built:
1937

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This property is listed by RE/MAX Elite and provided here courtesy of Gurinder Grewal. For more information or to schedule a viewing please contact Gurinder Grewal.
Gurinder Grewal
Maxwell Polaris
Phone: 780-450-6300
Mobile Phone: 780-709-7484
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
Copyright 2025 by the REALTORS® Association of Edmonton. All rights reserved.
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