28 days ago · Active

$950,000

Address not displayed, Edmonton

1,907 ft²$498/ft²

MLS® 45100978 · Courtesy of Royal LePage Noralta Real Estate · View on REALTOR.ca

A multi-family in Edmonton, built 1966 — $498 per square foot. Listed 28 days ago.

From the listing

About this home

Great investment and redevelopment opportunity on a prominent corner lot in a high-traffic corridor with CNC zoning. This property offers exceptional flexibility for future CMHC-supported development or mixed-use redevelopment, including retail on the main floor with residential apartments above.The site consists of two side-by-side duplexes (15604 & 15608), each offering separate entrances and self-contained suites with bedroom, bathroom, and kitchen setups, providing strong income-generating potential. Both buildings are separately metered for utilities, allowing for efficient management and cost control.The property is currently vacant, offering quick possession and full flexibility for immediate redevelopment, leasing, or owner-user occupancy. Previously, the main floors were leased, and 15608 also featured a fully equipped commercial ghost kitchen in the basement with an 8-ft canopy, make-up air system, gas stove, dough mixer, prep tables, and more—ideal for food service operations or future commercial use.Located just minutes from the future LRT station at 156 Street & Stony Plain Road, this high-visibility corner site is perfectly positioned for long-term growth and redevelopment potential.A rare opportunity to secure a vacant, income-ready and development-oriented site in a rapidly evolving area. Ideally suited for mixed-use development, a daycare facility, or CMHC-supported residential project. Must be seen to be fully appreciated !!!!! (id:66605)

The details

Fact sheet

Property

Type
Multi-family
Built
1966
Lot size
7,405.2 square feet

Inside

Living area
1,907 ft²

Parking & fees

Parking spaces
4
Postal code
T6P 0P3
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Christopher Peel · REALTOR®

MaxWell® Polaris

This website is operated by Christopher Peel, REALTOR®, of MaxWell Polaris, Edmonton, Alberta — the brokerage responsible for this website.

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Listing information last updated on June 24, 2026 at 9:25 a.m. MT.