REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 310,000
Est. payment | /mo
13 Sqft Lot
$ 310,000
Est. payment | /mo
13 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Vacant Lot/Land
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4451140
Lot Size 13 Sqft
Acres 3.1875464E-4
Property Sub-Type Vacant Lot/Land
Property Description
Investors, THIS IS FOR YOU!!! FIRSTLY - $14,250.00 per year lease revenue from the abandoned water injection site with Ricochet. It has been abandoned for some time but they keep paying; secondly if it does get reclaimed after you made this much per year for who knows how long, you would still have a beautiful 3.19 -acre parcel in an awesome location to develop homes or sell to a developer. There is a playground at one end, walking trails thru the trees to the pond and waterfall, and further trails. The land is maintained by Ricochet every year , so no mowing of grass. This property is zoned as Urban Reserve. A great spot to add to the existing adult condos on the pond or options to build single family homes. There is an approach in place off of 48B Ave. Services are stubbed into property off of 48B Ave. The property off of 50 Ave. turning south on 37 St. Turn west on 48B Ave. at the entrance of Aspenview on Pond. GREAT INVESTMENTand GREAT LOCATION.!
Location
Province AB
Zoning Zone 90
Exterior
Exterior Feature Backs Onto Park/Trees, Playground Nearby
Others
Tax ID 0031963937
Ownership Private
Copyright 2025 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Heather D Malin • RE/MAX Vision Realty
GET MORE INFORMATION
Gabriela Humeniuk
Real Broker