Details - Edmonton Real Estate For Sale

10827 111 St Nw

Offered at: $394,900

MLS®: E4465242

A rare and strategic 50' x 150' lot is now available in the highly desirable Queen Mary Park neighborhood. This property presents an exceptional opportunity for investors and builders to capitalize on the area's strong growth trajectory. The lot is zoned RMH-16, formally known as the RF6 (Medium Density Multiple Family) Zone, which is also equivalent to the RA7 (Low-Rise Apartment) Zone. This zoning is ideally suited for a multi-family redevelopment project, supporting increased density and diverse housing forms. Strategically positioned amidst several successful redevelopment projects, the area is undergoing a notable transformation, signaling significant potential for property value appreciation. The City of Edmonton's clear policy direction encourages higher-density, infill development, making this the ideal time to secure a prime lot for your next project. (id:6769)