Prime development opportunity in the heart of Allendale! Situated on a 42' x 155' lot, this property comes with an approved Development Permit and plans in place for a purpose-built 8-unit residential building, allowing a developer to move forward without starting the approval process from scratch. The proposed three-storey development features thoughtfully designed multi-bedroom suites, private balconies, and a building footprint of approximately 2,447 sq. ft. Located just minutes from the University of Alberta, Whyte Avenue, major transit routes, shopping, restaurants, and other amenities. The existing house remains on the property, making this an excellent opportunity for investors, builders, and developers looking for a development-ready site in one of south-central Edmonton’s established neighbourhoods. Plans available to qualified buyers.
Data was last updated September 22, 2026 at 07:30 AM (UTC)
Area Statistics
Listings on market:
162
Avg list price:
$649,000
Min list price:
$299,900
Max list price:
$4,900,000
Avg days in system:
46
Min days in system:
1
Max days in system:
627
Avg price per sq.ft.:
$446.58
These statistics are generated based on the current listing's property type
and located in
Zone 15. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on September 22, 2026 at 07:30 AM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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