Courtesy Of Cheryl Watt Of Exp Realty
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 |
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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 |
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Area | Edmonton |
Subdivision | Rural North East South Sturgeon |
City | Edmonton |
County | ALBERTA |
Province | AB |
Postal Code | T5Y 6M4 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Fireplace | No |
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Has Basement | No |
Exterior
Exterior | Wood Frame, Modular |
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Construction | Wood Frame, Modular |
Additional Information
Date Listed | March 22nd, 2024 |
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Days on Market | 276 |
Zoning | Zone 51 |
Foreclosure | No |
RE / Bank Owned | No |
Listing Details
Office | Courtesy Of Cheryl Watt Of Exp Realty |
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