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Edmonton · Vacant Land · under $325,000. Alerts only send when there are new or meaningfully updated matching homes.
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Great opportunity in Grovenor! Welcome to 10448 142 Street, a fully serviced vacant lot in one of Edmonton’s most desirable and accessible neighbourhoods. This 32' x 143' property offers exceptional potential for builders and investors, especially with the new zoning bylaw that took effect on January 1, 2024. The lot can accommodate up to a five-unit building, providing a fantastic opportunity to capitalize on Edmonton’s evolving infill and multi-unit development market. From this location, you’re just 10 minutes from downtown, 13 minutes from West Edmonton Mall, 7 minutes from Yellowhead Trail, and approximately 11 minutes from Whitemud Drive. The surrounding area offers a full range of amenities, including schools, parks, health services, shopping, and leisure options. Whether you’re looking to build, sell, or hold as an investment, this property presents a prime opportunity in a thriving community. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jul 4, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.