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12037 66 St NW
Edmonton, AB T5B 1J7
Land For Sale · 1.34 AC

Investment Highlights

  • Located in a mature neighborhood

Executive Summary

Property is located in Montrose, a mixed density residential neighbourhood in NE Edmonton. It is situated just south of the Yellowhead Freeway, and accessed via 66 Street. A mature area which is established and developed all around.
POSSIBLE USES:
Apartment Housing
To allow for multi-unit residential development that ranges from approximately 4 to 8 storeys
The ability to build up to 135 apartment units
Maximum Floor Area Ratio (FAR) of 3.0
Maximum Height 23 metres

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 1.34 AC
Zoning RMH23 - Medium Density Residential

1 Lot Available

Lot

Price $2,459,195 USD
Price Per AC $1,835,220.51 USD
Lot Size 1.34 AC

Potential with the RMh23 (Medium Scale Residential) zoning to build up to a 135 unit multifamily property from 4 to 8 stories. Maximum Floor Area Ratio (FAR) of 3.0 and maximum height 23 metres. LEGAL DESCRIPTION: Lots 16-22, Block 17, Plan 5819AA

Description

Possible uses include: Apartment Housing, Extended Medical Treatment Service, only in the form of long term care, Health Services, Personal Service Shops, Residential Sales Centre, for the sale/rental of on-site dwelling units, The ability to build up to 60 apartment units, The ability to build up to 88 long term care beds apartment units, Maximum Floor Area Ratio

  • Listing ID: 25827104

  • Date on Market: 6/1/2022

  • Last Updated:

  • Address: 12037 66 St NW, Edmonton, AB T5B 1J7

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