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Investment Highlights

  • Land parcel located in the O-day’min Ward with redevelopment potential.
  • Current RS zoning with potential RM zoning for future density.
  • Quick connectivity to downtown Edmonton and hospital districts.
  • Walkable access to NAIT, Kingsway Mall, and major educational institutions.

Executive Summary

This 0.298-acre development site in Edmonton’s O-day’min Ward offers strong infill potential near NAIT, Kingsway Mall, and downtown. Currently zoned RS with re-zoning opportunity, the lot’s 51.5-meter depth accommodates high-density designs, including a 12-plex concept. Surrounded by education and healthcare hubs, it provides short-term income potential during re-zoning and long-term value in a growing urban area with increasing property assessments and strong redevelopment demand.

Property Facts

Price $908,810 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.30 AC
Zoning RS - Small Scale Residential

1 Lot Available

Lot

Price $908,810 CAD
Price Per AC $3,049,196.61 CAD
Lot Size 0.30 AC

12,983 square feet of land that is currently zoned as small scale residential with potential of RM zoning.

Description

The property consists of a triangular lot with a depth advantage along the west boundary. It is situated in Edmonton’s Spruce Avenue neighborhood, near key educational and healthcare facilities including NAIT and Royal Alexandra Hospital. The site is zoned Small Scale Residential and lies south of 115 Avenue NW, with surrounding infrastructure providing ease of access to major roads and downtown Edmonton.

Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
70/100
  • Listing ID: 40540859

  • Date on Market: 2026-05-15

  • Last Updated:

  • Address: 11440 104 St NW, Edmonton, AB T5G 2K9

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