Active

10406/10410 97 Avenue NW NW

Edmonton AB, T5K 0B6

$4,490,000


Active

Land

Built in 1951

Courtesy of RE/MAX Excellence, Humaira Naikyar Listing Contact: +1 780-341-2035 

Opportunity for the full ownership of the Panorama Development Site. Situated in central Edmonton, the site currently consists of four lots containing two walk up rental properties and 2 parking lots, generating $45,000 in net income. The property lies adjacent to an Edmonton Transit System bus stop and is only a minutes walk to the beautiful river valley trails. The approved development is expected to contain 26-storeys and 173 dwelling units with 217 parking stalls and 44 bicycle stalls. Comprised of a variety of bachelor's, one-bedroom and two-bedroom suites, the high-rise apartment will also showcase 5 stunning townhomes on the eastern end of the property. Established among Edmonton's most vibrant and lively neighbourhood of Downtown. The Panorama Development Land is centrally located directly off 97 Avenue along 104 Street, which sees up to 49,800VPD and is local to the surrounding communities of Downtown, Rossdale and Oliver with a combined population of 31,421.

E4397019

MLS ID

July 12, 2024

Listed

August 23, 2024

Updated

Map

10406/10410 97 Avenue NW NW
Edmonton AB, T5K 0B6

Other Property Details

Garage

No


View

No


Pool

No

Courtesy of RE/MAX Excellence, Humaira Naikyar

Listing Contact: +1 780-341-2035 

Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Amyotte Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated: 8/23/2024 @ 9:55 AM UTC 

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