- For Sale $4,850,000
- Property Type VacantLand
- Property Size 210,301 SF
- Lot Size 0.69 Acre
- Year Built 1956
- Date Updated May 5, 2026
Description
Located along 123 Street in Edmonton just steps from Valley Line West LRT construction and within walking distance of MacEwan University and the downtown core, offering a high-intensity redevelopment opportunity in the Westmount neighbourhood.• High-intensity zoning already in place (no rezoning needed for most multifamily re-development)
• Walking distance to MacEwan University, downtown core and Oliver amenities
• Steps from the Valley Line West LRT currently in late-stage construction
• Residential floor area is excluded from FAR with inclusive design or family unit provisions, meaningfully increasing buildable
• 30,043 sq.ft. site is large enough to support a mid-rise podium with tower (rare in mature neighbourhoods)
• Westmount demographic shift is trending younger & renter-heavy
False
Contacts
Chad Griffiths
NAI Commercial Edmonton
Location
Located at 10528 123 Street Northwest, Edmonton, AB T5N 1, this property is part of the Westmount neighborhood.
Contact Listing Broker
Chad Griffiths
NAI Commercial Edmonton