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10902 77 Ave 0.37 Acres of Residential Land Offered at $1,492,848 USD in Edmonton, AB T6G 1C4
Investment Highlights
- DP approved — ready to progress to building permit immediately
- FAR 2.3 fully utilized — maximum allowable density achieved
- Comprehensive geotech report included — de-risks underground parkade
Executive Summary
• Development permit for a 46-unit apartment development, which includes underground parkade
• Strong University-area rental market
• FAR of 2.3 achieved
• Rare infill development Opportunity
Property Facts
1 Lot Available
Lot 10 A
| Price | $1,492,848 USD | Lot Size | 0.37 AC |
| Price Per AC | $4,009,647.82 USD |
| Price | $1,492,848 USD |
| Price Per AC | $4,009,647.82 USD |
| Lot Size | 0.37 AC |
16,218 sq ft ± corner development site on 109 Street near University of Alberta in the neighborhood of McKernan
Description
MUNICIPAL ADDRESS 10902 - 77 Avenue NW, Edmonton, AB LEGAL DESCRIPTION Plan: 2420405; Block: 18; Lot: 10 A ZONING RM h16 (Medium Residential) NEIGHBOURHOOD McKernan SITE AREA 16,218 sq ft ± (1,507 m²) PROPOSED BUILDING 46-unit apartment development BUILDING AREA 53,625 sq ft ± total building area ABOVE GRADE GFA 37,781 sq ft ± PARKING 31 underground stalls, 5 surface stalls, 36 total stalls BIKE PARKING 46 stalls FAR 2.3 SALE PRICE $2,080,000.00 PROPERTY TAXES $18,261.74 (2026
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10902 77 Ave
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