Listed on: Jul 02, 2026
Last Updated: Jul 02, 2026
16,218 ft²Land / Multifamily / Other$2,080,000Sale
16,218 ft²
Land / Multifamily / Other
$2,080,000
Sale
Thomas Braun
Royal Park Realty
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• 16,218 sq ft ± corner development site on 109 Street near University of Alberta in the neighborhood of McKernan • 37,781 sq ft ± above-grade GFA • Development permit for a 46-unit apartment development, which includes underground parkade • Strong University-area rental market • FAR of 2.3 achieved • Rare infill development opportunity • Price: $2,080,000.00
The Property
Asking Price$2,080,000
Available Space16,218 ft²
Property UseInvestment property / Multi family
ZoningRM h16
SourceDirect
The Lot
MUNICIPAL ADDRESS 10902 - 77 Avenue NW, Edmonton, AB LEGAL DESCRIPTION Plan: 2420405; Block: 18; Lot: 10 A ZONING RM h16 (Medium Residential) NEIGHBOURHOOD McKernan SITE AREA 16,218 sq ft ± (1,507 m²) PROPOSED BUILDING 46-unit apartment development BUILDING AREA 53,625 sq ft ± total building area ABOVE GRADE GFA 37,781 sq ft ± PARKING 31 underground stalls, 5 surface stalls, 36 total stalls BIKE PARKING 46 stalls FAR 2.3 SALE PRICE $2,080,000.00 PROPERTY TAXES $18,261.74 (2026
Property TypeLand / Multifamily / Other
Floors4
Lot Size16,218 ft²
ZoningRM h16
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