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Edmonton · Vacant Land · under $6,150,000. Alerts only send when there are new or meaningfully updated matching homes.
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Opportunity knocking! Excellent Development site located in very mature neighborhood - Forest Height. Just approval by city to RM h23 new zoning. It will allow up to 6 story with no limit to density and No requirement parking stall required. Perfect for high demand rental project. As per current market there are very limit large infill land available in the city. The best use of this land will be consider 6 storey wood construction with one level of underground heated parking. Total 200-230 units. Asking $5,288,000.00 (below Appraisal value) for quick sale.Other Property Types: Commercial LandOwnership Interest: Co-OperativeSite Services: Cable,Curb; Gutter,Electricity,Fully Serviced,Garbage Collection,Natural Gas,Paved Streets,Sanitary Sewer,Sewer - Storm,Sidewalk,Sanitary Sewer Lot LineTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Jason YeungAppointment Phone: 780-908-6886Paragon Listing ID: E4446005 (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
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Commute
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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 Jun 24, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.