12421 79 ST NW

Elmwood Park, Edmonton · MLS® E4510813

1,030 m² lot · Land · Vacant Land · 25 days on market

listed by Daniela Palazzo, Grand Realty

realtor's description

A rare opportunity awaits! Discover this impressive 75ft x 150 ft (approx.) lot located on a quiet, beautiful tree lined street. Get straight to planning and building without the added costs and complications associated with demolition and asbestos removal. The size of this lot opens up so much potential. Explore the opportunity for larger scale development, including the opportunity to subdivide the property and develop an 8-plex and skinny home, subject to municipal approvals. Fantastic opportunity for builders, developers, investors or someone looking to build their dream home. This substantial site offers plenty of potential to create something exceptional. Ideally situated near shopping, schools, parks and the Yellowhead!

property details

type: Land, Vacant Land
lot: 1,030 m²
parking: 0
days on market: 25
MLS®: E4510813

features

See remarks
Lane

monthly cost

$1,738/mo

Mortgage $1,738

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

estimated payment

$1,738/ monthly

loan $319,120

25-year amortization

down payment20% · $79,78020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $202,271
land title fees: $820; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $80,600; down + land title fees
total paid: $521,391

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

location

Elmwood Park, EdmontonGoogle Maps ↗

Rapid transit: Coliseum LRT station, 1.1 km (about 17 min walk); Belvedere LRT station, 2.1 km (about 32 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Deltonhomes in this catchment
24577.9 km away · 12126 - 89 Street NW, Edmonton · (780) 477-8742 · website
Middle Gr 7-9 Spruce Avenuehomes in this catchment
24577.8 km away · 11424 - 102 Street NW, Edmonton · (780) 479-0155 · website
Secondary Gr 10-12 Eastglenhomes in this catchment
24576.4 km away · 11430 - 68 Street NW, Edmonton · (780) 479-1991 · 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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