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Courtesy of Harman S Gill of Exp Realty
10603 108 Avenue
Zone 08
Edmonton
T5H 1B2
$1,200,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4426970
- Build. Type:
- Freestanding
- Photos (15)
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Prime Development & Investment Opportunity! This exceptional property offers a rare chance to develop a 20-unit, 3-storey apartment building, with a development permit and plans to be provided—perfect for investors and developers looking for their next big project! Currently, the well-maintained lot features six spacious suites—five 1-bedroom units and one 2-bedroom unit—generating immediate rental income. Ideally situated just one block from the LRT and Royal Alexandra Hospital, it ensures unbeatable convenience. Plus, with walking access to Grant MacEwan University, Rogers Place, and the lively Ice District, this location is primed for strong tenant demand and future growth!
- Property Type:
- Multi-Family Commercial
- Transaction Type:
- For Sale
- Lease Oper Costs Per Sq M:
- $0
- Price Per SqFt:
- $160
- Taxes:
- Signup
- Lot Area:
- 7,510 sq. ft.698 m2
- Stories Total:
- 2
- # of 2 Bedroom Apartments:
- 1
- # of Units:
- 6
- # of Other Units:
- 0
- # of Studio Apartments:
- 0
- # of Bachelor Apartments:
- 0
- Year built:
- 1961 (Age: 64)
- Bathrooms:
- - (Full:-/Half:-)
- Building Type:
- Freestanding, Multi Tenant/Multi Plex, See Private Remarks
- Num. of Parcels:
- 1
- Construction:
- Wood Frame
- Parking Space(s):
- 6
- Water Supply:
- Municipal, See Remarks
- Sewer Septic:
- Municipal/Community, See Remarks
- Central Mcdougall
- Private
- Zone:
- Zone 08
- Zoning:
- Zone 08
- Title to Land:
- Fee Simple
- Legal Lot:
- 229
- Services Connected:
- Electricity at Lot Line, Natural Gas, Sidewalk, City Water
- LINC Number:
- 0015492250
- Days On Website:
- 8 day(s)8 day(s)
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Data was last updated March 29, 2025 at 07:30 AM (UTC)
- DON CHOLAK
- RE/MAX PROFESSIONALS
- 1 (780) 718-8400
- don@doncholak.com
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