North Edge Multifamily Development Site_Property for Sale

11403 105 Avenue Northwest, Edmonton, AB, T5H 0C5, CA

North Edge Multifamily Development Site

Asset description

11403 – 105 Avenue NW, Edmonton, Alberta (The “Site”) represents an exceptional opportunity to acquire a desirable site zoned for mixed-use residential and ground floor commercial.

The Site comprises a total land area of 27,025 square feet (“sf”) and is located directly next to MacEwan University, providing excellent access to Unity Square, the MacEwan LRT station, and Edmonton’s downtown core.

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Investment highlights

EXCELLENT CENTRAL EDMONTON LOCATION

The Site is located just steps away from the Ice District, one of Edmonton’s trendiest and most vibrant areas. In addition to being close to the abundance of restaurants, shops, and services with the Downtown Core, the Site benefits from its proximity to several schools such as MacEwan University and Norquest College.

ACCESS TO TRANSIT

The Site is a short walk away to the MacEwan LRT station, which provides quick access to the rest of the city.

EDMONTON POPULATION GROWTH

Edmonton stands out as one of Canada’s fastest-growing markets, with its affordable cost of living attracting over 100,000 new residents in the past two years. The rapid population growth has driven the demand for development in the rental sector and sparked interest from investors from outside the province who are keen to capitalize on the city’s growth.