C$650,000

Prime development opportunity in the heart of Allendale! Situated on a 42' x 155' lot, this property comes with an approved Development Permit and plans in place for a purpose-built 8-unit residential building, allowing a developer to move forward without starting the approval process from scratch. The proposed three-storey development features thoughtfully designed multi-bedroom suites, private balconies, and a building footprint of approximately 2,447 sq. ft. Located just minutes from the University of Alberta, Whyte Avenue, major transit routes, shopping, restaurants, and other amenities. The existing house remains on the property, making this an excellent opportunity for investors, builders, and developers looking for a development-ready site in one of south-central Edmonton’s established neighbourhoods. Plans available to qualified buyers. (id:41202)