9004 88 ST NW

Bonnie Doon, Edmonton · MLS® E4505013

796 m² lot · Land · Vacant Land · 64 days on market

listed by Terri-Lynn Campbell, Professional Realty Group

realtor's description

Exceptional investment and development opportunity in sought-after Bonnie Doon! Situated on an impressive 795 sq. m. pie-shaped lot, this property offers outstanding redevelopment potential with the possibility of accommodating up to 8 units (subject to City of Edmonton approvals, zoning regulations, permits, and due diligence). The generous lot size and unique configuration provide exciting possibilities for builders, developers, and investors looking to capitalize on increased density in an established central neighbourhood. Enjoy a desirable Bonnie Doon location with convenient access to downtown, transit, schools, shopping, parks, and neighbourhood amenities. A rare opportunity to secure a large parcel with significant development potential in one of Edmonton’s most desirable mature communities. (Home on the lot is not habitable and may not be entered)

property details

type: Land, Vacant Land
lot: 796 m²
parking: 0
days on market: 64
MLS®: E4505013

features

See remarks

city assessment

$479,000

2026 assessment · market value as of July 1, 2025

Up 6.8% from $448,500 in 2025
$421,000 in 2016 (14% over ten years)
Asking price is 10% above the assessment
Built 1952
Lot 796 m² (8,567 sq ft)
Floor area on the roll 901 sq ft

roll year	assessed
2026	$479,000
2025	$448,500
2024	$405,500
2023	$439,000
2022	$434,500
2021	$421,000
2020	$427,500
2019	$435,000

From City of Edmonton open data (property assessments), matched to 9004 88 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 $4,964 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

$2,287/mo

Mortgage $2,287

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

estimated payment

$2,287/ monthly

loan $420,000

25-year amortization

down payment20% · $105,00020%+ 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: $266,212
land title fees: $1,045; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $106,045; down + land title fees
total paid: $686,212

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: Holyrood LRT station, 400 m (about 7 min walk); Strathearn LRT station, 700 m (about 11 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Rutherfordhomes in this catchment
24566.8 km away · 8620 - 91 Street NW, Edmonton · (780) 466-2891 · website
Middle Gr 7-9 Kenilworthhomes in this catchment
24565.8 km away · 7005 - 89 Avenue NW, Edmonton · (780) 466-2104 · website
Secondary Gr 10-12 McNallyhomes in this catchment
24568.1 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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