Edmonton multi-family development site sold for $9.75M

The 1.5-acre parcel is minutes from the ICE District and surrounding amenities

By
for Western Investor
January 22, 2019





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A potential multi-family site in Edmonton has sold for $9.75 million, Colliers international tells Western Investor.
 
The 1.5-acre parcel is located just outside the Edmonton downtown core, minutes from City Centre Mall, Edmonton Public Library and the ICE District. The property features river valley views and allows for a development with a maximum of 45 storeys. 
 
The property is located at 9411 Jasper Ave., Edmonton. 
 

Breakdown: 

 
Price: $9,750,000
Lot Size: 1.55 acres 
Property Type: Multi-family 
Zoning: DC1
Date of Sale: 12/12/2018 
City: Edmonton    
Province: Alberta 
Name of Brokerage: Colliers International 
 

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Amit Grover has been a multifamily specialist with Colliers International since 2005 and is Vice President of the division.

Colliers International
2210 Manulife Place, 10180 - 101 Street
Edmonton, AB T5J 3S4
Office: 780-969-3006

Jandip Deol is an Associate Vice President with Colliers International’s Edmonton Multifamily Team.

Colliers International
2210 Manulife Place, 10180 - 101 Street
Edmonton, AB T5J 3S4
Office: 780-969-3043

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