C$989,000

INVESTOR ALERT! RARE DEVELOPMENT OPPORTUNITY IN MILL CREEK RAVINE! Exceptional investment opportunity in a highly desirable location, backing onto the beautiful Mill Creek Ravine and urban forest, just one block from Whyte Avenue and the University of Alberta’s Campus Saint-Jean. Featuring newly approved RM h16 zoning, this property offers exciting development potential for a 25–32-unit apartment building with a mix of unit sizes and ground-floor commercial space (concept plans available). An outstanding opportunity to create a vibrant mixed-use development combining residential living with neighbourhood-serving commercial uses. Prime location, excellent development potential, and exceptional investment opportunity! Property is being sold on an as is, where is basis, in its condition at the time of possession, without any warranties or representations by the Seller. (id:41202)