8490 106A Avenue NW, Edmonton

2025-02-02
 

Quick Summary

Location
8490 106A Avenue NW, Edmonton, Alberta T5H0S8
Price
$9,900,000 CAD
Status:
For Sale
Property Type:
Vacant Land
Brochure Link:
Video Link:

MLS®#A2190840

Property Description

This is your RARE DEVELOPMENT OPPORTUNITY to BUILD 2 HIGH RISE RESIDENTIAL CONDO TOWERS in a PRIME LOCATION in the CORE of EDMONTON in the heart of the master-planned Muttart Urban District of Downtown Edmonton, just steps to Commonwealth Stadium, Edmonton River Valley, Jasper Avenue and the LRT. This land is perfectly located with amazing city walkability steps from a bikers paradise pathway system, close to great city transit options, up the hill from Dawson Park with stunning River Valley views, close to all amenities, shopping, Jasper Avenue, schools, recreation centers, shopping and much more. Share of our vision of building a healthy, happy, high-end community. Phase 1 condo tower is a 30 story, 366 units, 265,510ft GFA. Phase 2 condo tower is a 22 story, 234 unit, 160928ft GFA. In total, the plans are to 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, and government employees, both short and long-term, seeking proximity to downtown. This is a rapidly developing and maturing neighbourhood 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 livi ng is lower than Ontario Notable designer (TBD) Multitude of amenities. More details available. Contact us today if you are interested in this ONCE IN A LIFETIME OPPORTUNITY! (id:32467)

Property Features

Building

  • Fireplace: No

Features

  • Feature: See remarks

Land

  • Land Size: 5708.78 m2|1 - 1.99 acres

Ownership

  • Type: Freehold

Zoning

  • Description: DC1 20518

Information entered by Century 21 Bamber Realty LTD.
Listing information last updated on: 2025-03-25 16:22:28


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$500,000

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent Realty?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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