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8307 109 Street NW - 109th Street Multifamily Site 0.73 Acres of Commercial Land Offered at $4,189,605 USD in Edmonton, AB T6E 2E7

Executive Summary
An exceptional development opportunity has just hit the market in one of Edmonton’s most vibrant and walkable communities, Garneau. This prominent 31,893 SF parcel is zoned for mixed-use and is fully primed for redevelopment. With a generous development potential of up to 223,251 SF, the site presents an ideal canvas for a wide range of residential, commercial, or mixed-use projects. Strategically located along 109th Street, the property benefits from high daily traffic exposure, with over 35,475 vehicles passing by each day (2023). Additionally, the site’s proximity to the popular Whyte Avenue corridor, renowned for its pedestrian and transit friendly environment; contributes to substantial foot traffic of up to 33,325 pedestrians per day (2023), driven largely by dense multifamily housing in the immediate area.
Property Facts
| Price | $4,189,605 USD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.73 AC |
| Property Type | Land | ||
| Zoning | MU - Mixed Use (MU h40 f7) | ||
| Price | $4,189,605 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.73 AC |
| Zoning | MU - Mixed Use (MU h40 f7) |
1 Lot Available
Lot
| Price | $4,189,605 USD | Lot Size | 0.73 AC |
| Price Per AC | $5,739,185.47 USD |
| Price | $4,189,605 USD |
| Price Per AC | $5,739,185.47 USD |
| Lot Size | 0.73 AC |
0.73 Acres of development opportunity.
1 1
Very walkable
80/100
Fairly drivable
50/100
Good public transit
70/100
Very bikeable
80/100
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8307 109 Street NW - 109th Street Multifamily Site
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