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Home AB Greater Edmonton Edmonton Rural North East Horse Hill
2506 195 AV NE
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2506 195 AV NE $5,985,000
$5,985,000
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2506 195 AV NE
Edmonton, Alberta T5Y6M4

MLS® Number: E4378676

Listing Description

Exciting opportunity for investment 57.76 acres! Location & Strategic Value: The property's proximity to the Saskatchewan River Valley, major shopping centers, and recreational facilities like Ravencrest Golf Club positions it advantageously. These amenities add significant appeal and convenience for potential future residents. City Expansion: With the citys expansion plans, investing now could mean capitalizing on increased property values and development opportunities as the area grows. Area Structure Plan: The existence of an area structure plan indicates that the property is on a path for future development. This can provide a clearer idea of what types of developments might be approved and the potential value of the property. Development Flexibility: The potential for various types of developmentsexecutive residential lots, multifamily housing, etc.provides flexibility for tailoring investment strategies based on market demands and zoning regulations. Withe the price of under $6 mil! (31041004)

Property Summary

Property Type
Business
Neighbourhood Name
Rural North East South Sturgeon
Land Size
2516026 sqft
Built in
1904
Time on REALTOR.ca
237 days

Legal Description

Plan :- 23 Block :- 54 Lot :- 15

Building

Business
Business Type
Retail and Wholesale (Farm Equipment)

Measurements

Square Footage
33360 sqft
Data provided by: REALTORS® Association of Edmonton 101 - 18354 118 Avenue NW Avenue, EDMONTON, Alberta T5S 2G2
Cheryl Watt