Property Information:

INVESTORS ALERT! Your opportunity to own 2 consecutive lots ON A CORNER in the redeveloping area of Alberta Avenue! This 2-lot parcel consists of approximately 7920 SqFT. Recently rezoned to RMh23, the seller already has approved development permits from the city of Edmonton. Plans are complete - Once building permit is obtained, this project is ready for shovels in the ground. The proposed development includes a 5-storey mixed-use building with a medical clinic and pharmacy on the main floor, plus 36 residential units designed for senior housing. Plans also feature a beautiful roof top patio for residents to enjoy. This is a great central location close to public transit, shopping, restaurants, schools and more. Perfect opportunity for investors looking for a ready-to-go project with major potential! Building plans would be Eligible for the CMHC MLI Select ProgramOther Property Types: Commercial LandOwnership Interest: PrivateSite Services: See RemarksTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Don CholakAppointment Phone: 780-718-8400Paragon Listing ID: E4454276 (id:27)