Opportunity in Eastwood! This amazing lot measuring 8.75 meters by 36.59 meters (approximately 320 m2) is fully prepped and ready for your next development. The property is zoned for high flexibility—perfect for two modern "skinny" homes, each with completed basements and the option to build garage suites above detached garages, enabling three separate living spaces per dwelling. Alternatively, consider building a 4-plex above ground with legal basement suites, for a total of eight rental units.This is an excellent opportunity for investors or builders leveraging the CMHC multi-unit financing program, especially for those focused on affordable housing with strong income potential. Its central location, combined with rental-friendly zoning, makes it an ideal site for rental income generation, redevelopment, or long-term hold.
Data was last updated July 11, 2025 at 01:30 AM (UTC)
Area Statistics
Listings on market:
82
Avg list price:
$309,950
Min list price:
$130,000
Max list price:
$1,245,900
Avg days in system:
42
Min days in system:
1
Max days in system:
448
Avg price per sq.ft.:
$309.11
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 11, 2025 at 01:30 AM (UTC).
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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