9906 87 St NW

Riverdale · Edmonton, AB T5H 1N3

MLS® E4497874 · Listing courtesy of Century 21 All Stars Realty Ltd

$4,429/mo

$900,000 list price · 2 bedrooms · 1 bathrooms · 954 sq ft · Bungalow

What it costs to own

List price
$900,000
Down payment (10%)
$90,000
Mortgage
$810,000
Rate · amortization
4.34% · 25 years
Principal & interest
$4,429/mo

Principal and interest only. Property tax, insurance, utilities, condo fees and maintenance are extra.

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About this home

50x150? No! This lot positioned in one of Edmonton’s most coveted communities, is a MASSIVE 61x296 FEET! It presents an extraordinary canvas for developers & investors alike. Combining premier neighborhood aesthetics with unparalleled project readiness, this deep & wide lot allows you to bypass the lengthy, costly rezoning process entirely & build a highly lucrative 8-plex right away under current bylaws. The site sits directly across the street from multi-million dollar homes that back right onto the North Saskatchewan River, ensuring a premium streetscape & exceptional long-term value. Future residents will enjoy a world-class river valley lifestyle with a designated walking path located just across the street, offering instant access to Edmonton's expansive trail system. Every major pre-development hurdle has already been cleared to mitigate your risk & lower upfront costs. A geotechnical study has been completed along with a CLEAN asbestos report, immediate peace of mind & accelerated timelines! (id:66555)

Property details

Property

Style
Bungalow
Year built
1945
Living area
954 square feet
MLS® number
E4497874

Interior

Bedrooms
2
Bathrooms
1
Basement
Unfinished, Full
Appliances
See remarks

Systems

Heating
Forced air

Parking

Parking
Detached Garage

City assessment

Assessed value
$537,500 (2025)
Assessment class
Residential

Lot & site

Lot size
1,540 m² (16,576 sq ft)
Lot features
Corner Site, See remarks, Flat site, Paved lane, Subdividable lot, Lane
Site influences
Corner Site, See remarks, Flat site, Paved lane, Subdividable lot, Lane
Community
Riverdale

Rooms

Main level

  • Living room
  • Dining room
  • Kitchen
  • Primary Bedroom
  • Bedroom 2

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