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$387,900
12225 77 ST NW NW
Elmwood Park, Edmonton
MLS® #E4489613
- 973 square meters
- Vacant Land
- ✓ Real Lot Size Listed
Rare multifamily redevelopment opportunity in Edmonton’s evolving Exhibition Lands corridor. This 70′ x 149.5′ vacant lot (10,465 sq ft / approx. 972 m²) in Elmwood Park offers exceptional potential for missing-middle multifamily development, with key due diligence already completed. Development package includes: • Phase 1 Environmental Report • Comprehensive zoning/development analysis • Concept plans supporting up to 8 residential units Ideally located minutes from the City of Edmonton’s transformational Exhibition Lands / Northlands revitalization initiative, positioning the property for strong long-term rental demand and urban intensification. Highlights: • Oversized rectangular interior lot • Vacant land — no demolition required • Multifamily redevelopment potential • Excellent fit for CMHC MLI Select financing strategies • Strong frontage and depth for efficient design • Close to EXPO Centre, LRT, Downtown, NAIT, Concordia & Yellowhead Trail ****Strong candidate for cash flow development.**** (id:66619)
Features
Lot
973 square meters
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.