Edmonton land assembly sold for $3.4 million

Six-lot assembly for mixed-used development sold in private deal

By
Western Investor
September 9, 2019





DD edmondon lots_for_university_109

In a private deal, Copperblock Capital has bought a six-lot land assembly for mixed-use development on University Avenue in Edmonton for $3.4 million.

Breakdown:

Property type: Development site

Location: University Avenue

City: Edmonton, Alberta

Size of land assembly: Six lots totaling 28,962 square feet

Buyer: Copperblock Capital

Proposed development: 100 units of rental housing; 5,000 square feet of commercial space

Brokerage: No broker, private sale


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