100' wide lot in Glenora (Edmonton)

Michel Lafleur

Frequent Forum Member
REIN Member
Apr 30, 2015
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#1
Not on MLS - opportunity to purchase a 100' x 140' lot in Glenora (currently zoned RF1 - almost 14,000 ft2 !!!) Comes with a huge bungalow & rear detached garage that would easily rent as is for $2500+ /month while applying for permits & solidifying your construction plans. Its an end lot high up above the Groat Road ravine on a quiet street with only 5 houses.
You could split this lot into TWO 50'x140' lots and build estate homes, duplexes or suites. Or you could further sub-divide and have FOUR 25'x140' lots.
This lot is large enough you could redevelop into 8-12 condo units.
Glenora easily supports >$1M infills & $2M+ estate homes as its ~8 minutes drive to downtown, UofA or Nait.
This property is under 200m walk to current bus routes and under 400m to the proposed future Glenora Stop (Valley line LRT). A developer's dream!
Available @ $1,300,000.
Contact me if you're interested. (780) 902-6372
 
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