8490 106a Avenue Nw, Edmonton, Alberta

$9,900,000

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1.41

Acres

About 8490 106a Avenue Nw

Development Opportunity to Build 2 High Rise Residential Towers in the Core of Edmonton, just steps to Commonwealth Stadium and LRT. 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. 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. This is a rapidly developing and maturing neighborhood 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.

Features of 8490 106a Avenue Nw

MLS® # A2190840
Price $9,900,000
Bathrooms 0.00
Acres 1.41
Type Land
Sub-Type Commercial Land
Status Active

Community Information

Address 8490 106a Avenue Nw
Subdivision Boyle Street
City Edmonton
County Edmonton
Province Alberta
Postal Code T5H 0S8

Amenities

Utilities See Remarks
Is Waterfront No
Waterfront See Remarks
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description City Lot

Additional Information

Date Listed February 1st, 2025
Days on Market 1
Zoning DC1 20518
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 Bamber Realty LTD.

Listing Map