11824 71 St Nw Edmonton, Alberta T5B 1W5

$265,000

**Exceptional Development Opportunity in Edmonton - Two Prime Lots Sold Together** **MLS ID: E4400906 & E440091** Seize this incredible investment opportunity in Edmonton! This unique package includes two prime lots, perfectly suited for development, with the flexibility to accommodate various residential projects. **Lot 1:** - **Size:** 125.3 ft x 49.6 ft - **Status:** Shovel-ready with an 8-plex plan and development permit approved - **Zoning:** RA7 (Low Rise Apartment Zone) - **Potential:** The existing plan allows for a medium-scale residential project, but can be modified to accommodate a 12-unit plan for even greater returns. **Lot 2:** - **Size:** 125 ft x 33.1 ft - **Status:** Ready for new construction, offering flexibility for custom plans - **Zoning:** RA7 (Low Rise Apartment Zone) - **Potential:** Ideal for a front-and-back duplex with two basement suites, totaling 4 units. **Additional Opportunity:** - **Expansion Potential:** Engage neighboring property owners to explore the possibility (id:26242)

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https://www.realtor.ca/real-estate/27669623/11824-71-st-nw-edmonton-montrose-edmonton