Transit-oriented Oliver property sold for $1.65M

The 13,489-square-foot parcel zoning allows for a variety of multi-family developments

By
for Western Investor
March 29, 2018





oliver land
 
A parcel of land in Oliver’s brewery district has sold for $1.65 million, Colliers International tells Western Investor
 
The transit-oriented site within the 104th Avenue Corridor Redevelopment Plan has potential for multi-family development, including apartment housing, group homes or row housing. An LRT stop is planned directly around the corner of the subject property, located at the corner of 104th Avenue and 116th Street. The Oliver neighbourhood has one of the strongest apartment markets in Edmonton. This property was listed for $1.7 million.
 
 
The property is located at 10329 116 St., Edmonton. 
 

Breakdown: 

 
Price: $1,650,000
Lot Size: 13,489 SF 
Property Type: Land 
Zoning: DC-1 
Date of Sale: 03/08/2018 
City: Edmonton   
Province: Alberta 
Name of Brokerage: Colliers International 
 

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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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