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Listed by Adam V Tassone • Lux Real Estate Inc
$ 424,900
5,995 Sqft Lot
$ 424,900
5,995 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Vacant Lot/Land
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4512058
Lot Size 5,995 Sqft
Acres 0.13763282
Property Sub-Type Vacant Lot/Land
Property Description
Infill Developer & Investor Alert in Idylwylde! Rare shovel-ready opportunity on a prime 50'x121' 6,050sqft (15.2m x 36.6m 557sqm) lot on a beautiful tree-lined street. The old home is fully abated and demolished. A development permit is already CITY APPROVED for an incredible legal 4plex (duplex with suites). The approved plans feature two massive units: one side ~1,700 sqft and the other ~1,800 sqft. Each side boasts 3 bedrooms and 2.5 bathrooms above grade, PLUS a separate 2-bedroom basement suite on both sides—offering massive rental income potential! A 4-car garage completes the backyard. Building permits can be issued in ~45-90 days, allowing for a late 2026 or early 2027 construction start. Pre-construction work to date has been handled by a local infill specialist, Skyward Homes, who can stay on to build or seamlessly hand over the project. Don't like the layout? Blueprints and permits can still be changed to suit your vision. Amazing location close to schools, shopping, transit, and downtown!
Location
Province AB
Area Idylwylde
Zoning Zone 18
Exterior
Exterior Feature Back Lane, Flat Site, Level Land, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Schools
Elementary Schools Rutherford School
Middle Schools Kenilworth School
High Schools W. P. Wagner School
Others
Tax ID 0010521996
Ownership Private
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