We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
Buyer alert automation
Get matching homes sent on your schedule. This uses this home's city, style, bedroom count, and price band as the starting filter.
Choose alert settings, then sign in
Edmonton · Vacant Land · under $2,675,000. Alerts only send when there are new or meaningfully updated matching homes.
Alert speed
Send by
Watch for
Swipe through similar matches — tap the heart to save, or open one for the full read.
HUGE OPPORTUNITY to build and own an ideally-sized commercial building on a high-visibility location supported by an upscale local draw area. PLUS REALIZE HUGE SAVINGS in construction and long-term operational costs! ONLY THREE PARCELS in this rare 2-acre bare land commercial condominium project, featuring a huge 1.1 acre common area with enough parking, green space and waste locations to fulfill any DP requirements. The small self-governed condo structure makes for huge savings in land acquisition, construction, and maintenance costs PLUS saves on management expenses while ensuring hands-on control. YOUR PURCHASE IS NOT JUST THE TITLED LAND - you also become 1/3 owner of the entire condo corp including the common property AND all related assets! Perfect for small / mid- scale developers & built-to-suit owners. BUILD OUT POTENTIAL - This parcel fits an 11,000+ sq.ft floor plate, and height allowance of 16m making the build-out potential huge! Build-out of 42,500 to 55,000 sq.ft over 4-5 floors. Buildable footprint is perfect for professional / medical firms, service centres, childcare, pharmacy, health centre & more. Potential for at-grade local retail due to build area size & shape (with zoning). The lot has another 4,200 sq.ft of outdoor space for amenities. THE VALUE IS HUGE - An equivalent standalone infill site would need an acre and a quarter of land plus the cost of demolition, parking, access, and waste mgmt. NOT REQUIRED HERE! With 70 existing stalls plus area area for 30 more, AND major property setbacks largely in the huge common area, this is a turn-key build-out site with huge capital investment savings. THE LOCATION IS VERY RARE - located between Anthony Henday and 199th ST in west Edmonton's fully developed & semi-affluent Glastonbury area, there are 40,000 high-income people within 2km - and limited commercial to support them. This makes STRONG LOCAL DEMAND. Public transit is adjacent with a major ETS transportation hub nearby. Current zoning is UF w ith 16m height allowance which aligns closely to BE (Business Employment) and CG (Commercial General) in height / location requirements making for great development flexibility. ONLY 2 PARCELS AVAILABLE, the 3rd already occupied by a church building. THIS LISTING - Unit 2: Effective size of 1.25 acres (see below info). ALSO AVAILABLE: MLS A2313155 - Effective size of 0.47 acres (see below info) and build- out potential for 9,500 to 12,800 sq.ft. CAPTURE UNPARALLELED ROI - Take advantage of a build-site specifically designed to optimize building footprint and maximize investment / operational value! MORE MATERIALS AVAILABLE ON REQUEST. PLEASE DO NOT VISIT THE PROJECT WITHOUT AGENT PRE-APPROVAL. NOTE: Unscheduled site visits may result in a security response. Lot area note: Title area 0.14 acres + ownership in 1.1 acre common. As instructed by CREB, total lot size includes parcel plus typical parking /related common area to support 4 stories of commercial. (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).
Cash on cash
-6.26%
Cap rate
3.61%
GRM
16.7
Break-even rent
$15,095
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
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 Jun 16, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.