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Chérot Blvd - Chérot HDR Multifamily Development Lands 3.41 Acres of Residential Land Offered at $5,080,900 CAD in St. Albert, AB T8N 7M4

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INVESTMENT HIGHLIGHTS

  • Carrying the newly minted HDR - High-Density Residential District Zoning
  • The Property’s proximity to Ray Gibbon Drive allows easy access to Anthony Henday Drive and all quadrants of Edmonton

EXECUTIVE SUMMARY

+ This 3.41-acre parcel is ideally located on a major transportation route, while also being set in a quiet, beautifully landscaped neighborhood, with convenient retail amenities, parks, and schools within a short drive’s distance.
+ Carrying the newly minted HDR - High-Density Residential District Zoning, the site allows for the development of a minimum of 138 units, a maximum of 193 units, and a maximum height of 25m, or 6 storeys.
+ The Property’s proximity to Ray Gibbon Drive allows easy access to Anthony Henday Drive and all quadrants of Edmonton, while nearby Giroux Road provides a direct connection to the retail amenities and dining options of central St. Albert.

PROPERTY FACTS

Price $5,080,900 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Storefront, Retail or Residential
Total Lot Size 3.41 AC
Cross Streets Chanter Avenue
Zoning HDR - High-Density Residential District

1 LOT AVAILABLE

Lot

Price $5,080,900 CAD
Price Per AC $1,490,000.00 CAD
Lot Size 3.41 AC

DESCRIPTION

Amenity-Backing Development Opportunity in St. Albert’s Newest Community.

  • Listing ID: 35238918

  • Date on Market: 2025-03-24

  • Last Updated:

  • Address: Chérot Blvd, St. Albert, AB T8N 7M4

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