$4,490,000 FOR SALE

Land

10406/10410 97 Avenue Nw Nw
Edmonton, AB T5K 0B6 | Downtown (Edmonton)

Opportunity for the full ownership of the Panorama Development Site. Situated in central Edmonton, the site currently consists of four lots containing two walk up rental properties and 2 parking lots, generating $45,000 in net income. The property lies adjacent to an Edmonton Transit System bus stop and is only a minutes walk to the beautiful river valley trails. The approved development is expected to contain 26-storeys and 173 dwelling units with 217 parking stalls and 44 bicycle stalls. Comprised of a variety of bachelors, one-bedroom and two-bedroom suites, the high-rise apartment will also showcase 5 stunning townhomes on the eastern end of the property. Established among Edmontons most vibrant and lively neighbourhood of Downtown. The Panorama Development Land is centrally located directly off 97 Avenue along 104 Street, which sees up to 49,800VPD and is local to the surrounding communities of Downtown, Rossdale and Oliver with a combined population of 31,421. (id:47423)

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Listed By RE/MAX Excellence
Data Provided By REALTORS® Association of Edmonton
MLS® Listing Number E4397019
Last Updated Jul 29, 2024
Property Summary
Property Type Land

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Neighbourhood Downtown (Edmonton)
Price History
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Detailed Information
Listing Contract Date 2024-07-09
Municipal ID ZZ999999999
Property Type Vacant Land
Transaction Type For sale
Building
Constructed Date 1951
Land
Total Size 30056.4 square feet
Size of Irregular Land 30056.4

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