8210 93 ST NW

Bonnie Doon, Edmonton · MLS® E4512157

633 m² lot · Land · Vacant Land · 18 days on market

listed by Raman Athwal, Dreamhouse Realty Ltd.

realtor's description

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). 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.

property details

type: Land, Vacant Land
bathrooms: 1
lot: 633 m²
parking: 0
days on market: 18
MLS®: E4512157

features

Corner Site
See remarks
Environmental reserve

city assessment

$554,000

2026 assessment · market value as of July 1, 2025

Down 0.1% from $554,500 in 2025
$404,000 in 2016 (37% over ten years)
Asking price is 79% above the assessment
Built 1950
Lot 633 m² (6,815 sq ft)
Floor area on the roll 861 sq ft

roll year	assessed
2026	$554,000
2025	$554,500
2024	$461,500
2023	$439,000
2022	$425,000
2021	$430,500
2020	$428,500
2019	$444,500

From City of Edmonton open data (property assessments), matched to 8210 93 STREET 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 $5,741 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

$4,309/mo

Mortgage $4,309

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

estimated payment

$4,309/ monthly

loan $791,200

25-year amortization

down payment20% · $197,80020%+ 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: $501,493
land title fees: $1,885; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $199,685; down + land title fees
total paid: $1,292,693

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

location

Bonnie Doon, EdmontonGoogle Maps ↗

Rapid transit: Bonnie Doon LRT station, 1 km (about 15 min walk); Holyrood LRT station, 1.3 km (about 20 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Rutherfordhomes in this catchment
24566.4 km away · 8620 - 91 Street NW, Edmonton · (780) 466-2891 · website
Middle Gr 7-9 Kenilworthhomes in this catchment
24565.4 km away · 7005 - 89 Avenue NW, Edmonton · (780) 466-2104 · website
Secondary Gr 10-12 McNallyhomes in this catchment
24567.7 km away · 8440 - 105 Avenue NW, Edmonton · (780) 469-0442 · 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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