Edmonton, AB T5K0B6 10406/10410 97 Avenue
$4,490,000
Presented By: Courtesy of Humaira Naikyar of RE/MAX Excellence.
Home Details
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.
Presented By: Courtesy of Humaira Naikyar of RE/MAX Excellence.
Interior Features for 10406/10410 97 Avenue
Other Interior Features
Fireplace Y/NNo
Heating Y/NNo
General for 10406/10410 97 Avenue
CityEdmonton
Construction MaterialsConcrete
FULLPrivate
Garage Y/NNo
Home Warranty Y/NNo
Living Area UnitsSquare Feet
MLS AreaDowntown (Edmonton)
ModificationTimestamp2024-07-12T00:35:32.800Z
Property TypeLand
Standard StatusActive
StatusActive
Year Built1951
ZoningZone 12
Exterior for 10406/10410 97 Avenue
Irrigation Water Rights Y/NNo