2620 Centre St Northeast

Attention Builders and Investors!! Tremendous opportunity to purchase 3 consolidated lots at the corner of 26 Avenue NE on the Centre Street, where a future Green Line LRT station will be built. The location can be easily accessed from the Centre Street, Edmonton Trail, 4 Street NW and the 16 Avenue (Trans Canada Highway). These lands have a huge potential to be developed into various commercial units on the main level with five levels of a high-end condo. It is only a 5-minute drive from/to downtown. City File NumberLOC2018-0039 At present, there is a house on one of the lots (at the south side) renting for $1700 per month (land value only). With a total land size of 11,000 sq ft, land use MU-2 commercial and residential mixed-use with a maximum floor area ratio of 3,700 Square meters, based on a building floor to parcel area ratio (FAR) of 3.7 and a maximum building height of 26 meters.