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 June 28, 2025 at 03:30 PM (UTC)
Area Statistics
Listings on market:
86
Avg list price:
$318,944
Min list price:
$150,000
Max list price:
$1,245,900
Avg days on market:
41
Min days on market:
1
Max days on market:
436
Avg price per sq.ft.:
$310.46
These statistics are generated based on the current listing's property type
and located in
Zone 05. Average values are
derived using median calculations.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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