Description
Opportunity knocking! Excellent Development site located in very mature neighborhood - Forest Height. Just approval by city to RM h23 new zoning. It will allow up to 6 story with no limit to density and No requirement parking stall required. Perfect for high demand rental project. As per current market there are very limit large infill land available in the city. The best use of this land will be consider 6 storey wood construction with one level of underground heated parking. Total 200-230 units. Asking $4,988,000.00 (below Appraisal value) for quick sale.
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01/2 BATHS
Description
Opportunity knocking! Excellent Development site located in very mature neighborhood - Forest Height. Just approval by city to RM h23 new zoning. It will allow up to 6 story with no limit to density and No requirement parking stall required. Perfect for high demand rental project. As per current market there are very limit large infill land available in the city. The best use of this land will be consider 6 storey wood construction with one level of underground heated parking. Total 200-230 units. Asking $4,988,000.00 (below Appraisal value) for quick sale.
© 2025 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®). Data last updated: 2025-07-18T12:36:26.307 UTC.
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