For sale

9818 81 Avenue , Edmonton, Alberta T6E 1W3

Description

Prime Ritchie Infill - Fully Approved 5-Plex Development, located just off Whyte Ave. Approved for a 5-plex multi-unit building — all major approvals and prep work done: demolition, footing & foundation, development and building permits approved; asbestos removed with clearance certificate; utilities disconnected. Existing house remains until excavation. The 5-plex presents as a two-storey home from the street with four units behind; all main living areas above grade. This was approved before City Council reduced the allowable footprint for multi-unit infill projects in Edmonton. Under today’s rules, this exact building form would be very difficult to get approved again, making this truly one-of-a-kind. Highlights: commercial appraisal projecting $1.86M, full architectural drawings, professional survey, high demand rental area, potential for CMHC-insured financing and perfect for investors, builders or anyone ready to get a head start on multi-family. (id:51913)

Key Details

  Multi-Family
 5642 sqft

Price

$499,000

Property Features

  • MLS® Number A2274145
  • Price $499,000
  • Square Footage: 5642 sqft
  • Property Type: Multi-Family
  • Community Name: Ritchie
  • Plan I

Buildings

Constructed Date 2025 Size Exterior 5642 Sqft
Size Interior 5642 Sqft Total Finished Area 5642 Sqft
Type Multi-family

Land

Acreage No Size Total Text Unknown
Zoning Description Rs

Agents and Offices

  • Erin Holowach
  • Office: Comfree
Address

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