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8490 106A Av NW - Lot 9 1.46 Acres of Commercial Land Offered at $8,900,000 CAD in Edmonton, AB T5H 0S3
INVESTMENT HIGHLIGHTS
- Located within the Stadium Station Area - Very Walkable - Great Transit - Bikers Paradise - Commonwealth LRT/Stadium - River View - Dawson Park
EXECUTIVE SUMMARY
• This location has Amazing city walkability, a Bikers Paradise pathway system and Great City transit. Located just up the hill from Dawson Park and the Stunning River Valley Views and pathway system, close to all amenities, shopping, Jasper Avenue, Schools, Recreation Centers, Shopping and much more. Vision A healthy, happy, high-end community.
• Phase 1 is a 30 story, 366 units, 265,510ft GFA.
• Phase 2 is a 22 story, 234 unit, 160928ft GFA.
• Build over 600 units with 337 parking spots, 526 bicycle stalls and 490 storage lockers.
• Units consist of studio, 1 bedroom, 1bedroom + den, 2 bedroom, 2 bedroom + den, 3 bedroom and townhomes.
• There will be units with amazing Views of the River Valley, City, Golf course and Stadium.
• Planned Amenities include a pool, gardens, yoga/exercise area,BBQ station, picnic area
• Steps away from Commonwealth Stadium – home of Edmonton Elks & FC Edmonton
• 25 min drive from West Edmonton Mall – 2nd largest mall in North America
• 6 min walk from Capital LRT Capital Line
• Proximity to recreation, fitness and sports (Clarke Stadium, • Commonwealth Community Recreation Centre)
• Nearby to multiple natural parks/greenspace:
• Edmonton River Valley is 22 times the size of Central Park in New York City. It is walking distance from the site.
• Other parks include: Sheriff Robertson Park, Kinnaird Park, Dawson Park, Borden Park, Kinnaird River Valley
• Walkable proximity to restaurants, shopping and entertainment
• 3 min drive to Concordia University Edmonton
• 11 min drive to University of Alberta
• Ideal location for Young professionals, Young families, Empty nesters that are downsizing, Athletes (we’re next to Commonwealth Stadium), Post-secondary students from nearby universities looking to rent affordably and comfortably, Government employees, both short and long-term, seeking proximity to downtown
• Attention: Ontario investors looking outside of the province for better value, Brokers with clients seeking investment properties for rental, Local investors looking to invest in real estate for the future,
• Alberta is a Highly supportive business climate with access to funding, loans, wage subsidies, tax incentive grants, and more, No land transfer taxes, No development charges, No provincial sales tax, No rent control, Lowest tax rate in North America,
• There are very few new condo projects in Edmonton Advanced LRT system in close proximity Close to University of Alberta – 38,000+ students with large percentage of foreign students (huge rental potential)
• This is a rapidly developing and maturing neighbourhood with an influx of younger, wealthier buyers/renters, improved housing, new businesses, and increasing property values. Luxurious, high-quality property with ample living space at an affordable price Proximity to downtown/city conveniences and amenities Ideal location for renters, close to the downtown core, with high earning potential
• Premier ranked investment opportunity in Edmonton vs. Toronto Alberta’s cost of living is lower than Ontario Notable designer (TBD) Multitude of amenities
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $8,900,000 CAD | Lot Size | 1.46 AC |
| Price Per AC | $6,095,890.41 CAD |
| Price | $8,900,000 CAD |
| Price Per AC | $6,095,890.41 CAD |
| Lot Size | 1.46 AC |
Located in Central Edmonton within the Boyle Street Neighbourhood and the Stadium Station Area Re-Development Plan (ASP). Zoning DC1. Site Area +/- 5708.795 sqm.
DESCRIPTION
This is your RARE DEVELOPMENT OPPORTUNITY to BUILD 2 HIGH RISE RESIDENTIAL TOWERS in a PRIME LOCATION in the core of Edmonton in the heart of the master-planned Muttart Urban District of Downtown Edmonton, just steps to Commonwealth Stadium, Edmonton River Valley and the LRT. This land is perfectly located with amazing city walkability steps from a bikers paradise pathway system, close to great city transit options, up the hill from Dawson Park with stunning River Valley views, close to all amenities, shopping, Jasper Avenue, schools, recreation centers, shopping and much more. Share of our vision of building a healthy, happy, high-end community. Phase 1 is a 30 story, 366 units, 265,510ft GFA. Phase 2 is a 22 story, 234 unit, 160928ft GFA. In total, the plans are to build over 600 units with 337 parking spots, 526 bicycle stalls and 490 storage lockers. Units consist of studio, 1 bedroom, 1bedroom + den, 2 bedroom, 2 bedroom + den, 3 bedroom and townhomes. There will be units with amazing Views of the River Valley, City, Golf course and Stadium. Planned amenities include a pool, gardens, yoga/exercise area, BBQ station, picnic area. Ideal location for young professionals, young families, empty nesters that are downsizing, athletes (we’re next to Commonwealth Stadium), Post-secondary students from nearby universities looking to rent affordably and comfortably, and government employees, both short and long-term, seeking proximity to downtown. This is a rapidly developing and maturing neighbourhood with an influx of younger, wealthier buyers/renters, improved housing, new businesses, and increasing property values. Luxurious, high-quality property with ample living space at an affordable price Proximity to downtown/city conveniences and amenities Ideal location for renters, close to the downtown core, with high earning potential. Premier ranked investment opportunity in Edmonton vs. Toronto. Alberta’s cost of living is lower than Ontario Notable designer (TBD) Multitude of amenities. More details available. Contact us today if you are interested in this ONCE IN A LIFETIME OPPORTUNITY!
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8490 106A Av NW - Lot 9
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