Princess Elizabeth Multifamily Site
11630/34/38 - 101 Street NW, Edmonton, AB
For Sale
Property details
- Property Type: Land - Multifamily
- Zoning: RA7
- Size (SF): 22,495
- Sale Price: $1,500,000 ($67/SF)
Location Overview
The property consists of three adjacent lots and is located in the central neighborhood of Spruce Avenue. The convenient location allows for easy access to the heart of the city and is within walking distance of NAIT, Kingsway Mall, and the Royal Alexandra Hospital.
Situated just north of Downtown, the location of the site will appeal to various demographics who benefit from convenient access to urban hubs, including educational facilities and Edmonton’s most prominent business and government centers. The emphasis placed on revitalizing Edmonton’s most historic neighborhoods has been ongoing, with significant progress made in retail and amenity spaces. The site offers excellent accessibility to public transit, with NAIT Station just 1 km away. As the ongoing expansion of the LRT network unfolds, properties with seamless connectivity to public transit have become increasingly popular with tenants and property owners.