Exceptional redevelopment opportunity in one of Edmonton’s most vibrant areas! This property offers the chance to transform the existing site into a multi-family dwelling tailored to your vision. With the City of Edmonton’s newly passed zoning bylaw, the site is now classified as RM – Medium Scale Residential, opening the door to a variety of possibilities. The H16 zoning modifier permits development up to 16 metres in height (approximately four storeys), providing ample room for a modern multi-unit design. Additionally, the RM zone encourages mixed-use projects, allowing for commercial spaces on the ground floor—perfect for neighbourhood services or trendy retail. Located just steps from 124 Street, one of Edmonton’s most desirable lifestyle corridors, this site combines unbeatable accessibility with incredible potential for both residential and commercial appeal.
Data was last updated August 5, 2025 at 05:15 AM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$410,000
Min list price:
$208,800
Max list price:
$2,200,000
Avg days in system:
28
Min days in system:
1
Max days in system:
134
Avg price per sq.ft.:
$381.31
These statistics are generated based on the current listing's property type
and located in
Zone 08. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on August 5, 2025 at 05:15 AM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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