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Listed by Michael A Pavone • RE/MAX Elite
$ 1,829,000
Est. payment | /mo
$ 1,829,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4446738
Year Built 1959
Property Description
CURRENTLY IN THE PROCESS OF REZONING TO 23 METER HEIGHT. GREAT SITE FOR CMHC MLI SELECT DEVELOPMENT. Welcome to the CORNER LOT of 12703 134 Ave. THIS PROPERTY BOASTS 1700 sq/m. CURRENTLY ZONED RM h16 with FAR 2.3. Measuring Approximately 125' x 141'. This property presents a unique development opportunity. Property could be used for a VARIETY OF COMMERCIAL USES INCLUDING DAYCARE. Existing zoning ALSO ALLOWS MIXED USE DEVELOPMENT WITH COMMERCIAL ON THE MAIN, AND UP TO 4 STORIES RESIDENTIAL ABOVE. A SINGLE FAMILY HOME and SIDE/SIDE DUPLEX WITH LEASES provide holding income of $7600. The single family home includes a convenient, non permitted basement suite, adding versatility and additional living space. Plus, with the inclusion of a large double-car garage, parking and storage needs are comfortably met. Duplex is 1144 sq.ft/side. One side has a basement suite, just needs a kitchen. Three bedrooms, one bathroom, and upstairs laundry room on both sides. Fantastic Redevelopment opportunity!
Location
Province AB
Zoning Zone 01
Others
Tax ID 0016744187
Ownership Private
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