10404 113 AV NW

Spruce Avenue, Edmonton · MLS® E4509004

667 m² lot · Land · Vacant Land · 38 days on market

listed by Michelle Plach, HonestDoor Inc

realtor's description

Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain additional information. Attention developers and builders: seize a rare development opportunity in central Edmonton. This 667.288 square meter (7,181.65 square foot) cleared lot at 10404 113 Avenue offers the perfect platform for multi-unit development, such as fourplexes or townhomes. Currently zoned for residential construction, this property sits in a high-demand area just minutes from Royal Alexandra and Glenrose Rehabilitation Hospitals, Kingsway Mall, LRT stations, transit routes, schools, and a variety of amenities. With strong market demand for infill housing and excellent access to Edmonton’s core, this lot presents a lucrative opportunity to create modern housing in a thriving, family-friendly neighborhood. Don’t miss your chance to build on this lot in one of Edmonton’s most accessible and desirable locations.

property details

type: Land, Vacant Land
lot: 667 m²
parking: 0
days on market: 38
MLS®: E4509004

features

See remarks
Paved lane
Lane

city assessment

$347,000

2026 assessment · market value as of July 1, 2025

Down 2.0% from $354,000 in 2025
$296,500 in 2016 (17% over ten years)
Asking price is 42% above the assessment
Lot 667 m² (7,182 sq ft)

roll year	assessed
2026	$347,000
2025	$354,000
2024	$267,000
2023	$289,500
2022	$285,000
2021	$277,000
2020	$286,500
2019	$296,500

From City of Edmonton open data (property assessments), matched to 10404 113 AVENUE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $3,596 a year

The 2026 assessment times Edmonton's 2026 residential rate of 10.36 per $1,000 (municipal and education).

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.

monthly cost

$2,144/mo

Mortgage $2,144

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$2,144/ monthly

loan $393,600

25-year amortization

down payment20% · $98,40020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $249,479
land title fees: $990; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $99,390; down + land title fees
total paid: $643,079

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Spruce Avenue, EdmontonGoogle Maps ↗

Rapid transit: NAIT LRT station, 500 m (about 8 min walk); Kingsway/Royal Alex LRT station, 600 m (about 9 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 John A McDougallhomes in this catchment
24577.5 km away · 10930 - 107 Street NW, Edmonton · (780) 426-0205 · website
Elementary K to Gr 12 Victoriahomes in this catchment
24577.0 km away · 10210 - 108 Avenue NW, Edmonton · (780) 426-3010 · website
Middle Gr 7-9 Spruce Avenuehomes in this catchment
24577.8 km away · 11424 - 102 Street NW, Edmonton · (780) 479-0155 · website

From the Edmonton Public Schools's published catchment maps (2021, the latest published). A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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