INVESTOR ALERT! RARE DEVELOPMENT OPPORTUNITY IN MILL CREEK RAVINE! Exceptional investment opportunity in a highly desirable location, backing onto the beautiful Mill Creek Ravine and urban forest, just one block from Whyte Avenue and the University of Alberta’s Campus Saint-Jean. Featuring newly approved RM h16 zoning, this property offers exciting development potential for a 25–32-unit apartment building with a mix of unit sizes and ground-floor commercial space (concept plans available upon request). An outstanding opportunity to create a vibrant mixed-use development combining residential living with neighbourhood-serving commercial uses. Prime location, excellent development potential, and exceptional investment opportunity! Property is being sold on an "as is, where is" basis, in its condition at the time of possession, without any warranties or representations by the Seller.
Courtesy of Raman Athwal of Dreamhouse Realty Ltd.
Data was last updated October 8, 2026 at 05:30 AM (UTC)
Area Statistics
Listings on market:
88
Avg list price:
$532,500
Min list price:
$299,500
Max list price:
$2,399,000
Avg days in system:
41
Min days in system:
1
Max days in system:
201
Avg price per sq.ft.:
$439.85
These statistics are generated based on the current listing's property type
and located in
Zone 18. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on October 8, 2026 at 05:30 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.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.