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Descriptions:
INTERIOR CORNER LOT in GROVENOR, approx 7,200 SQFT (Pie-Shaped) with RMh16 zoning - a rare opportunity with side and rear alley access offering exceptional design flexibility! Multiple development opportunities await on this ideally located parcel, including a 12-unit build as per concept renderings (Subject to City of Edmonton Approval), a mid-rise walk-up apartment, or even mixed-use potential with commercial on the ground floor and residential units above. Explore the possibilities with CMHC MLI Select Financing, thanks to the strong rental potential and prime location. Situated in the heart of Grovenor, this site is surrounded by custom infill homes, is just steps from the River Valley, the upcoming LRT station, and offers easy access to downtown. This is an ideal project for a builder or investor looking to capitalize on a thriving infill neighborhood with a strong tenant demographic. Amenities, Schools, Transportation and Shops are all within walking distance. A strategic addition to any portfolio.
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