Discover the potential of this spacious 33’ x 150’ corner lot located in the rapidly transforming central community of Eastwood. Surrounded by a wave of infill development, the area is home to new duplexes, skinny homes, fourplexes, and triplexes—making this an ideal investment for builders and developers. Directly across the street is a cash-flow positive 8-plex, highlighting the strong rental demand and income potential in the area. With the ability to build up to 6 units, this property may also qualify for the CMHC MLI Select program, offering added financial incentives for the right project. Seller is open to a JV with a builder. An older, boarded-up home currently sits on the lot. Whether you're looking to build and hold, or sell upon completion, this is an exceptional opportunity in a growing urban neighborhood.
Data was last updated July 23, 2025 at 11:30 AM (UTC)
Area Statistics
Listings on market:
80
Avg list price:
$339,450
Min list price:
$130,000
Max list price:
$1,245,900
Avg days in system:
36
Min days in system:
1
Max days in system:
461
Avg price per sq.ft.:
$299.67
These statistics are generated based on the current listing's property type
and located in
Zone 05. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on July 23, 2025 at 11:30 AM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
