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Edmonton 60-acres of agriculture land sells for $3.35 million

The Marquis Lands are within Greater Edmonton and currently agriculture but slated as a riverfront residential development under the local structure plan.
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Avison Young, Edmonton, for Western Investor

Property type: Land

Location: 18103-17 Street NE, Edmonton

Land size: 2,616,213.6 square feet

Land size in acres: 60.06 acres

Zoning: Agriculture Zoning

Potential: Future use consisting of single/semi-detached residential under Marquis Neighbourhood Structure Plan.

List price: $4.2 million

Sale price: $3.35 million

Date of sale: January 31, 2022

Brokerage: Avison Young, Edmonton

Brokers: Reed Newnham and Darren Snider