Edmonton, AB T5Y6M4 2506 195 Avenue
$5,985,000
29 more
Presented By: Courtesy of Cheryl Watt of Exp Realty.
Home Details
Exciting opportunity for investment 57.76 acres! Location & Strategic Value: The property's proximity to the Saskatchewan River Valley, major shopping centers, and recreational facilities like Ravencrest Golf Club positions it advantageously. These amenities add significant appeal and convenience for potential future residents. City Expansion: With the city’s expansion plans, investing now could mean capitalizing on increased property values and development opportunities as the area grows. Area Structure Plan: The existence of an area structure plan indicates that the property is on a path for future development. This can provide a clearer idea of what types of developments might be approved and the potential value of the property. Development Flexibility: The potential for various types of developments—executive residential lots, multifamily housing, etc.—provides flexibility for tailoring investment strategies based on market demands and zoning regulations. Withe the price of under $6 mil!
Presented By: Courtesy of Cheryl Watt of Exp Realty.
Interior Features for 2506 195 Avenue
Other Interior Features
Fireplace Y/NNo
Heating Y/NNo
General for 2506 195 Avenue
CityEdmonton
Construction MaterialsWood Frame, Modular
FULLPrivate
Garage Y/NNo
Home Warranty Y/NNo
Living Area UnitsSquare Feet
MLS AreaRural North East South Sturgeon
ModificationTimestamp2024-09-19T00:20:36.500Z
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Year Built1904
ZoningZone 51
Exterior for 2506 195 Avenue
Irrigation Water Rights Y/NNo