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INTERIOR CORNER LOT in GROVENOR, approx 7,200 SQFT (Pie-Shaped) with RMh16 zoning – a rare opportunity with side and rear alley access offering exceptional design flexibility! Multiple development opportunities await on this ideally located parcel, including a 12-unit build as per concept renderings (Subject to City of Edmonton Approval), a mid-rise walk-up apartment, or even mixed-use potential with commercial on the ground floor and residential units above. Explore the possibilities with CMHC MLI Select Financing, thanks to the strong rental potential and prime location. Situated in the heart of Grovenor, this site is surrounded by custom infill homes, is just steps from the River Valley, the upcoming LRT station, and offers easy access to downtown. This is an ideal project for a builder or investor looking to capitalize on a thriving infill neighborhood with a strong tenant demographic. Amenities, Schools, Transportation and Shops are all within walking distance. A strategic addition to any portfolio.
Data was last updated July 18, 2025 at 05:15 AM (UTC)
Area Statistics
Listings on market:
61
Avg list price:
$475,000
Min list price:
$216,000
Max list price:
$2,300,000
Avg days in system:
29
Min days in system:
1
Max days in system:
429
Avg price per sq.ft.:
$386.54
These statistics are generated based on the current listing's property type
and located in
Zone 21. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on July 18, 2025 at 05:15 AM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
