For questions about municipal activities such as zoning, land-use, permits, incentives
Hendrik Cuppen, Investment Attraction Coordinator, City of Edmonton 780-718-0030 | [email protected] https://www.edmonton.ca/business_economy/economic-investment
Overview
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Prime Corner Lot in Westmount with Exceptional Redevelopment Opportunity. This high-profile corner lot is located in the heart of Edmonton’s vibrant Westmount neighborhood, offering unmatched visibility along 124 Street and 107 Avenue—a major commuter corridor with over 32,933 vehicles passing daily. This property presents a rare opportunity for redevelopment in one of Edmonton’s most sought-after districts. Located in the city’s premier main street shopping district, home to over 280 businesses, this site is perfectly positioned for a multi-family residential, mixed-use commercial, or retail redevelopment. With increasing demand for urban infill projects, this site is a perfect investment for developers and investors looking to capitalize on Edmonton’s growing mixed-use and residential market.
Building Overview
Prime Corner Lot in Westmount with Exceptional Redevelopment Opportunity. This high-profile corner lot is located in the heart of Edmonton’s vibrant Westmount neighborhood, offering unmatched visibility along 124 Street and 107 Avenue—a major commuter corridor with over 32,933 vehicles passing daily. This property presents a rare opportunity for redevelopment in one of Edmonton’s most sought-after districts. Located in the city’s premier main street shopping district, home to over 280 businesses, this site is perfectly positioned for a multi-family residential, mixed-use commercial, or retail redevelopment. With increasing demand for urban infill projects, this site is a perfect investment for developers and investors looking to capitalize on Edmonton’s growing mixed-use and residential market.
Details
Available Space:
13988ft²
Price:
$2,100,000
Location Street Address:
12320 107 Ave NW
Space Taxes:
$24,703/yr
Space Year Built:
1960
Space Zoning:
Mixed Use Zone
Lot Size:
13998.0 SF
Lot Size Units:
SF
Space Types:
Retail / Land
Building Size Sf:
1800
Property Types:
Retail / Land / Other
Property Taxes:
$24,703/yr
Property Year Built:
1960
Property Zoning:
Mixed Use Zone
Infrastructure Details
Note: distances are in straight line, rather than driving distances
Note: distances are in straight line, rather than driving distances
Nearest highways:
- Highway 16 - 3.27 km (High Load Corridor)
- Highway 2 - 3.62 km (High Load Corridor)
- Highway 14 - 8.3 km (High Load Corridor)
- Highway 216 - 9.37 km (High Load Corridor)
- Highway 633 - 13.44 km
Nearest hospital:
- Stollery Children's Hospital - 3.46 km
Nearest airports:
- International: Edmonton International Airport - 27.43km
Nearest powerlines:
- EPCOR - 72RW3 72kv - 0.84 km
Nearest substations:
- GARNEAU - Garneau , EPCOR - 3.56 km
Nearest irrigation systems:
- Within 267.3 km
Nearest railways:
- Canadian National, Class : Main - 2.23 km
Nearest gas franchise area:
- ATCO Gas - City Of Edmonton
Nearest Power Plant:
-
University of Alberta (UOA1), University of Alberta - 3.54 km
Cogeneration, 39 MW
Fibre Internet Availability:
- Ready/Available
- Availability is estimated. Contact an internet service provider for more information.
Nearest Rail Terminals
| Type | Name | Operated By | Types of Products Shipped | Distance |
|---|---|---|---|---|
| Yard | CN Walker Yard | Canadian National |
|
3.58 KM |
| Grain | CN Edmonton Grain Terminal | Cargill Ltd. |
|
3.8 KM |
| Yard | CN Dunvegan Yard | Canadian National |
|
5.22 KM |
| Transload | CN Edmonton | ACTIVE WAREHOUSING INC. |
|
4.92 KM |
| Yard | CN Bissell | Canadian National |
|
5.03 KM |
Highways
Airports
Railways
Rail Stations
Powerlines
Substations
Irrigation
Community Economic Highlights: Edmonton, AB
Edmonton had a 5-year population growth rate of 16.58%, among the highest in Alberta.
Edmonton has a median family income of $112,000 compared to the Alberta median of $96,000.
Edmonton's workforce is specialized in Public Administration, Health Care and Social Assistance, and Finance and Insurance sectors.
Community Economic Details: Edmonton, AB
Click on a tile to open the indicator page and view more details.
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