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10823 61 Av NW 0.11 Acres of Commercial Land Offered at $649,000 CAD in Edmonton, AB T6H 1L9

INVESTMENT HIGHLIGHTS
- Fully rezoned to DC2, eliminating entitlement delays
- Opportunity to acquire adjacent lot for expanded footprint
- Minutes from Southgate Centre, U of A, and major corridors
- 474.17 m² parcel with multiple redevelopment pathways
- Located in Pleasantview, a top-tier infill neighborhood
- Ideal for multifamily, townhomes, or mixed-use concepts
EXECUTIVE SUMMARY
Located in the heart of Pleasantview, one of Edmonton’s most sought-after infill neighborhoods, this 474.17 square meter (more or less) parcel presents a rare opportunity for developers and investors to capitalize on a fully rezoned site with DC2 zoning already in place. All rezoning work has been completed, streamlining the path to redevelopment and reducing upfront timelines and costs.
The property offers multiple redevelopment options, including low-rise multifamily, townhomes, or mixed-use configurations, subject to municipal approvals. Its strategic location on a quiet residential street provides excellent connectivity to major corridors such as Whitemud Drive and Calgary Trail, while being minutes from Southgate Centre, the University of Alberta, and several schools and parks.
A key advantage of this offering is the opportunity to acquire the adjacent lot at 10819 61 Avenue NW, enabling a larger development footprint and enhanced design flexibility. This dual-lot potential opens the door to more ambitious projects, including higher density or multi-building configurations.
With strong neighborhood demographics, proximity to transit, and a growing demand for quality housing in central Edmonton, this site is ideally positioned for a forward-thinking developer seeking to deliver a product that aligns with the city’s evolving urban fabric.
The property offers multiple redevelopment options, including low-rise multifamily, townhomes, or mixed-use configurations, subject to municipal approvals. Its strategic location on a quiet residential street provides excellent connectivity to major corridors such as Whitemud Drive and Calgary Trail, while being minutes from Southgate Centre, the University of Alberta, and several schools and parks.
A key advantage of this offering is the opportunity to acquire the adjacent lot at 10819 61 Avenue NW, enabling a larger development footprint and enhanced design flexibility. This dual-lot potential opens the door to more ambitious projects, including higher density or multi-building configurations.
With strong neighborhood demographics, proximity to transit, and a growing demand for quality housing in central Edmonton, this site is ideally positioned for a forward-thinking developer seeking to deliver a product that aligns with the city’s evolving urban fabric.
PROPERTY FACTS
| Price | $649,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.11 AC |
| Property Type | Land | ||
| Zoning | DC2 - Site Specific Development Control Provisions | ||
| Price | $649,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.11 AC |
| Zoning | DC2 - Site Specific Development Control Provisions |
1 LOT AVAILABLE
Lot
| Price | $649,000 CAD | Lot Size | 0.11 AC |
| Price Per AC | $5,900,000.00 CAD |
| Price | $649,000 CAD |
| Price Per AC | $5,900,000.00 CAD |
| Lot Size | 0.11 AC |
Fully rezoned DC2 site in Pleasantview with 474.17 m² lot. Multiple redevelopment options. Buyer must purchase adjacent lot (10819 61 Ave NW) for expanded potential. Prime infill location near Southgate Centre and major corridors.
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Walk Score®
Very Walkable (80)
Bike Score®
Biker's Paradise (94)
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10823 61 Av NW
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