*REDUCED FROM 1.6 MIL - Land for Proposed 43 Unit Condo Complex - Central

9009 - 111 Ave - 18,000 sq.ft Land for Redevelopment :

Main Photo: *REDUCED FROM 1.6 MIL - Land for Proposed 43 Unit Condo Complex - Centralbanner
$1,099,000
Prop. Type:
Vacant Lot
MLS® Num:
NEW
Status:
Sold

This Prime 18,000 sq.ft. Condo Development Site is available in Central Edmonton. Only 1 mile to Jasper Ave; across from the Stadium; near Public Transportation & minutes away from all amenities. The land is zoned CB1. The Seller has proposed a 3 storey, 43 unit Condo project with 38 one bdrm plus den condos & 5 one bdrm condos with 45 energized parking stalls & roof top decks for the third floor units. The sizes of Condos would vary from 500 to 700 sq.ft.. The Upper units would have a phenomenal City Skyline View & feature a private roof top deck the size of the unit. The Phase I & II Environmental as well as the Geotechnical Site Investigation Report will be provided as well as the basic rendering of the proposed Floor Plan of the Complex. The Potential for over $3.5 mil profit is  based on todays construction costs & condo sales.  One may also consider commercial units on the ground floor. Don't let this opportunity get away with today's housing shortage! For Additional Information, contact Val Toffoli. Ph: 780-707-9395; vtoffoli@shaw.ca  www.valtoffoli.com   

Price:
$1,099,000
Property Type:
Vacant Lot
MLS® Num:
New
Status:
Sold
Floor
Type
Dimensions
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E-Map of Property
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View of Stadium
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Main Floor Plan for Proposed 43 Unit Condo Complex
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Second & Third Floor Proposed 43 Unit Condo Plan
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Scanned lot map
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View of Stadium from Site
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Listing information last updated on April 27, 2012 at 03:50 PM (UTC)
VAL TOFFOLI
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.