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Listed by Raj Shah • Century 21 Quantum Realty
$ 399,900
5,495 Sqft Lot
$ 399,900
5,495 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Vacant Lot/Land
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4495022
Lot Size 5,495 Sqft
Acres 0.12615764
Property Sub-Type Vacant Lot/Land
Property Description
ATTENTION BUILDERS, DEVELOPERS, AND INVESTORS! Skip the grueling 4-month municipal approval process and step straight into the construction cycle with this exceptional infill opportunity in premium West Meadowlark. This prime 50' x 110' lot comes with a FULLY APPROVED DEVELOPMENT PERMIT for a high-density, high-yield 6-unit project, allowing you to pour concrete almost immediately. The meticulously designed 6-plex plan features modern side-by-side duplexes, two self-contained secondary basement suites, and two detached double-car garage featuring two premium garage suite built directly on top. The entire project has been strategically designed to align with CMHC MLI Select financing criteria to maximize your leverage and long-term cash flow. Located on a beautiful, family-friendly street lined with mature trees, this property sits in an unbeatable location just minutes from West Edmonton Mall, West Meadowlark Mall, schools, parks, and the brand-new LRT expansion line.
Location
Province AB
Area West Meadowlark Park
Zoning Zone 22
Exterior
Exterior Feature Back Lane, Schools, Shopping Nearby, Subdividable Lot
Others
Tax ID 0016236796
Ownership Private
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