6729 106 ST NW

Allendale, Edmonton · MLS® E4509764

605 m² lot · Land · Vacant Land · 33 days on market

listed by Manny Fuller, Real Broker

realtor's description

Prime development opportunity in the heart of Allendale! Situated on a 42' x 155' lot, this property comes with an approved Development Permit and plans in place for a purpose-built 8-unit residential building, allowing a developer to move forward without starting the approval process from scratch. The proposed three-storey development features thoughtfully designed multi-bedroom suites, private balconies, and a building footprint of approximately 2,447 sq. ft. Located just minutes from the University of Alberta, Whyte Avenue, major transit routes, shopping, restaurants, and other amenities. The existing house remains on the property, making this an excellent opportunity for investors, builders, and developers looking for a development-ready site in one of south-central Edmonton’s established neighbourhoods. Plans available to qualified buyers.

property details

type: Land, Vacant Land
lot: 605 m²
parking: 0
days on market: 33
MLS®: E4509764

monthly cost

$2,614/mo

Mortgage $2,614

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

estimated payment

$2,614/ monthly

loan $479,920

25-year amortization

down payment20% · $119,98020%+ 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: $304,192
land title fees: $1,180; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $121,160; down + land title fees
total paid: $784,112

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

location

Allendale, EdmontonGoogle Maps ↗

Rapid transit: South Campus/Fort Edmonton Park LRT station, 1.6 km (about 26 min walk); McKernan/Belgravia LRT station, 1.8 km (about 27 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Parkallenhomes in this catchment
24567.0 km away · 6703 - 112 Street NW, Edmonton · (780) 434-8503 · website
Middle Gr 7-9 Allendalehomes in this catchment
24566.3 km away · 6415 - 106 Street NW, Edmonton · (780) 434-6756 · website
Secondary Gr 10-12 Strathconahomes in this catchment
24566.6 km away · 10450 - 72 Avenue NW, Edmonton · (780) 439-3957 · 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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