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Highlights
> 2.05 acres with 3 large homes currently located on
the property
> Supurb location in the highly sought ater, andprestigious
neighbourhood o Groat Estates
> Close proximity to the downtown core
> Excellent ingress/egress to Stony Plain Road
> Current zoning would allow or a redevelopment to
a mix o low and medium density units
> Located in proximity to Oliver, Albertas most
denselypopulated area
Opportunity
The Sylvancrot property presents a rare opportunity to own an
outstanding redevelopment site in a prime Central
Edmonton location. The 2.05 acre site is located in the
prestigious community o Groat Estates adjacent to OliverCommunity,
Albertas most densely populated area.
SENIOR VICE PRESIDENT: GEORGE DAWSON780 969 2998EDMONTON, AB
[email protected]
VICE PRESIDENT: RICK ARGUE780 969 2997EDMONTON, AB
[email protected]
ASSOCIATE: MARK SWAENEPOE780 969 3037EDMONTON, AB
[email protected]
FOR SALE > LAND
Sylvancroft Lands12719 STONY PLAIN ROAD, EDMONTON, AB
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Property Details
> Municipal Address 12719 Stony Plain Road, Edmonton,
Alberta
> Legal Description Plan: 6216AE Block: A Lot: CPlan: 6257ET
Lot 6Plan: 5006KS Block: A Lot: 7
> Site Size 2.05 acres or 89,311.70 square eet
> 2010 Taxes $15,230.16
> Services Full municiple servicing
> Financing Clear Title
> Price $3,620,000
> Price/Square oot $40.53
> Zoning: The site is currently zoned RF3 which permits
duplexes,
semi-detached and single detached houses. partments and
stacked row housing are discretionary uses providing that
there
are no more than our units per building.
> Highest & Best Use: Based on the Propertys size,
location
and the requirements o the surrounding urban communities, it
is
anticipated that the current highest and best use may
ultimately
be a mix o low and medium to high density residential homes
Sylvancrot presents an opportunity to create an original,
high-end
urban complex and upon completion o development the new
units
will undeniably sell at premium prices indicating potential or
a
substantial proft.
> Neighbourhood Overview: Groat Estates is one o
Edmontons
oldest neighbourhoods with a rich heritage and superb
location
Populated mostly by upwardly mobile, well-o Edmontonians the
community enjoys an abundance o nearby restaurants and
boutique
retail shops as well as the 511,000 square eet Westmount
ShoppingCenter on Groat Road & 111 Avenue. This largeshopping
center isanchored by a 47,400 square eet Saeway andincludesnew
tenantssuch as Home Depot and Golds Gym. The 104th Avenue
retail
corridor lies one km east and is home to London Drugs, Future
ShopRoyal Bank and any number o restaurant and specialty
stores.
FOR SALE > LAND
Sylvancroft Lands12719 STONY PLAIN ROAD, EDMONTON, AB
WOODBEND
PLA
CE
STONYPLAINROAD
STREET
105AVENUE
GLENORA
POI
NTE
GROATROAD
SITE
1
2
12C
12B
13A
14
15
16
17
4
5A
3
2
7
4
3
4
5
6
6
7R
8
9
10
11
12
5A
6A
7A
8A
4
B
129*
173*
22*
285*
202*
63*
* APPROXIMATE
SQUARE FEET
542*
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Location
> Well located in a mature residential neighbourhood known as
Groat Estates> Located just 3.4 km rom Edmontons downtown
core> Excellent rontage on Stony Plain Road which turns into 104
Avenue less
than one km east
> During the last 5 years, 104 Avenue has seen extensive
redevelopment omixed-use retail & high-density residential
> The 104 Avenue retail corridor is just over one km east o
the property
COLLIERS INTERNATIONAL
3555 Manulie Place, 10180 - 101 StreeEdmonton, AB T5J 3S4Main
780 420 1585
www.colliers.com
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Demographic Summary
According to the 2006 census, there is a total population o
8,743 people in
the 0-1 km range o Sylvancrot. O this number, the average age is
41 and
the average household income is $68,943. In the 0-2 km range,
the average
household income is $60,397, with a population o 26,256. In the
widest
net, the 0-3 km range, the household income is $56,633 with a
population
o 35,792.
Oer Process
Prospective purchasers are invited to submit oers on the
Propertythrough Colliers or consideration by the Vendor.
Price: $3,620,000
For more inormation, please contact one o the listing
agents.
Contact Us
SENIOR VICE PRESIDENT:
GEORGE DAWSON
780 969 2998
EDMONTON, AB
[email protected]
VICE PRESIDENT:
RICK ARGUE
780 969 2997
EDMONTON, AB
[email protected]
ASSOCIATE:
MARK SWAENEPOEL
780 969 3037
EDMONTON, AB
[email protected]
DISCLAIMER: This document has been prepared by Colliers
International or advertising and general inormation only.Colliers
International makes no guarantees, representations or warranties o
any kind, expressed or implied, regarding theinormation including,
but not limited to, warranties o content, accuracy and reliability.
Any interested party should under-take their own inquiries as to
the accuracy o the inormation. Colliers International excludes
unequivocally all inerred orimplied terms, conditions and
warranties arising out o this document and excludes all liability
or loss and damages arising
there rom. This publication is the copyrighted property o
Colliers International and/or its licensor(s). 2010. All
rightsreserved. Colliers Macaulay Nicolls Brokerage Inc. (Alberta).
100728
COLLIERS INTERNATIONAL3555 Manulife Place, 10180 - 101 Stre
Edmonton, AB T5J 3S4
Main 780 420 1585
www.colliers.com
