Courtesy Of Cheryl Watt Of Exp Realty

2506 195 Avenue, Edmonton, AB

$5,985,000

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About 2506 195 Avenue

Exciting opportunity for investment 57.76 acres! Location & Strategic Value: The property's proximity to the Saskatchewan River Valley, major shopping centers, and recreational facilities like Ravencrest Golf Club positions it advantageously. These amenities add significant appeal and convenience for potential future residents. City Expansion: With the city’s expansion plans, investing now could mean capitalizing on increased property values and development opportunities as the area grows. Area Structure Plan: The existence of an area structure plan indicates that the property is on a path for future development. This can provide a clearer idea of what types of developments might be approved and the potential value of the property. Development Flexibility: The potential for various types of developments—executive residential lots, multifamily housing, etc.—provides flexibility for tailoring investment strategies based on market demands and zoning regulations. Withe the price of under $6 mil!

Features of 2506 195 Avenue

MLS® # E4378676
Price $5,985,000
Bathrooms 0.00
Acres 0.00
Year Built 1904
Type Business with Property
Status Active

Community Information

Address 2506 195 Avenue
Area Edmonton
Subdivision Rural North East South Sturgeon
City Edmonton
County ALBERTA
Province AB
Postal Code T5Y 6M4

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Wood Frame, Modular
Construction Wood Frame, Modular

Additional Information

Date Listed March 22nd, 2024
Days on Market 265
Zoning Zone 51
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Cheryl Watt Of Exp Realty

Listing Map