Rare multifamily redevelopment opportunity in Edmonton’s evolving Exhibition Lands corridor. This 70' x 149.5' vacant lot (10,465 sq ft / approx. 972 m²) in Elmwood Park offers exceptional potential for missing-middle multifamily development, with key due diligence already completed. Development package includes: • Phase 1 Environmental Report • Comprehensive zoning/development analysis • Concept plans supporting up to 8 residential units Ideally located minutes from the City of Edmonton’s transformational Exhibition Lands / Northlands revitalization initiative, positioning the property for strong long-term rental demand and urban intensification. Highlights: • Oversized rectangular interior lot • Vacant land — no demolition required • Multifamily redevelopment potential • Excellent fit for CMHC MLI Select financing strategies • Strong frontage and depth for efficient design • Close to EXPO Centre, LRT, Downtown, NAIT, Concordia & Yellowhead Trail ****Strong candidate for cash flow development.****
Data was last updated May 23, 2026 at 05:30 PM (UTC)
Area Statistics
Listings on market:
93
Avg list price:
$299,000
Min list price:
$99,999
Max list price:
$925,000
Avg days in system:
31
Min days in system:
1
Max days in system:
765
Avg price per sq.ft.:
$298.09
These statistics are generated based on the current listing's property type
and located in
Zone 05. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on May 23, 2026 at 05:30 PM (UTC).
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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