Pricing Firm. Make an Offer. Must Pre-Verify. 45 day possession. Direct Sale w/ Lawyer Escrow.
It is well known that corner lots offer important street access and parking spots when infills are being approved. This property with its massive lot and double garage
allows for many investment opportunities from building one of the new garden suites, to fully subdividing out the garage as a lot itself or planning a build across the
entire lot.
The City of Edmonton is always moving to increase urban density which provides major upside to buying in this location. A recent discussion with planners familiar
with Toronto density indicates a lot this size can have up to SIX homes on it. Cities increase denisty in this way to draw more taxes per square foot of land.
Cities increase their revenue by approving Developments like the ones proposed here.
OPTION 1) Garage Suite Rental
OPTION 2) 3 Plex
OPTION 3) 5 Plex