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9223 99 St NW - STRATHCONA DEVELOPMENT OPPORTUNITY 0.78 Acres of Residential Land Offered at $5,035,761 USD in Edmonton, AB T6E 3W1
Investment Highlights
- Eight lots with the potential for high-rise development in Strathcona with unobstructed views
- While the river valley views to the West and North to Downtown are spectacular, views to the East and South overlook the widest point in the Mill Cree
- Neighbouring leisure amenities include Kinsmen Sport Centre, Muttart Conservatory, Victoria Golf Course, Legislature Grounds, and the Royal Glenora Cl
- The site is 34,000 SF of land in an L shape with tremendous views of downtown and the river valley to the North and West and the interior faces South
- Within close proximity to Jasper Ave, Whyte Ave, University of Alberta and Downtown Core
- Direct access to the Edmonton Transit System and a 15-minute walk to the Muttart LRT station
Executive Summary
Within this context, the proposed RM(h28) zoning supports medium-scale apartment development that aligns with the Scona District Plan’s direction to increase residential density along key corridors and in surrounding neighbourhoods while enhancing walkability and access to transit. Growth mapping in the Scona District Plan (Direction to 1.25 Million and Vision at 2 Million) shows this area as part of a broader pattern of intensified residential use, reinforcing the suitability of medium-density residential development at this location. Subject to applicable City of Edmonton zoning and policies. Purchasers should verify all development parameters with the City of Edmonton.
Property Facts
1 Lot Available
Lot
| Price | $5,035,761 USD | Lot Size | 0.78 AC |
| Price Per AC | $6,451,695.27 USD |
| Price | $5,035,761 USD |
| Price Per AC | $6,451,695.27 USD |
| Lot Size | 0.78 AC |
Established among Edmonton’s most vibrant and lively neighbourhood of Strathcona. The development land is centrally located directly off Scona Road and 93 Avenue, and connects the development site to the surrounding communities.
Description
With 156 feet of frontage facing north, 235 feet facing west, and 223 feet facing east., residences above the treeline will enjoy spectacular unobstructed views of the North Saskatchewan River, Downtown Edmonton, and Mill Creek Ravine. Old Strathcona is Edmonton’s Heritage district with turn of the 20th Century brick, and wood framed buildings. A Provincial Historic Area, Old Strathcona is also Edmonton’s premier shopping and entertainment district. Whyte Avenue in Old Strathcona has been named one of Canada’s five best shopping neighbourhoods.
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9223 99 St NW - STRATHCONA DEVELOPMENT OPPORTUNITY
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