For Sale Subject To Offer
Property Type Other - Special Purpose
Property Size 30,056 SF
Lot Size 0.69 Acre
Date Updated Feb 27, 2024

Located directly off the main arterial roadway of 97 Avenue, the property is strategically positioned at the southern portion of the Downtown community. The Panorama site is situated only a couple minutes away from the Edmonton Legislature, Glenora Club, Jasper Avenue and the Bay Enterprise Square LRT station. The close proximity to 109 Street also allows residents the ease of access to recreational activities and shopping located south of the river – like Whyte Avenue and the University of Alberta.Opportunity for the full ownership of the Panorama Development Site. Situated in central Edmonton, the site currently consists of four lots containing two walk-up rental properties and 2 parking lots, generating $60,000 in net income. The property lies adjacent to an Edmonton Transit System bus stop and is only a minute's walk to the beautiful river valley trails. The approved development is expected to contain 26 storeys and 173 dwelling units with 217 parking stalls and 44 bicycle stalls. Comprised of a variety of bachelor’s, one-bedroom and two-bedroom suites, the high-rise apartment will also showcase 5 stunning townhomes on the eastern end of the property. Established among Edmonton’s most vibrant and lively neighbourhood of Downtown. The Panorama Development Land is centrally located directly off 97 Avenue along 104 Street, which sees up to 49,800VPD and is local to the surrounding communities of Downtown, Rossdale and Oliver with a combined population of 31,421.

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Highlights

Approved high-rise development in Downtown Edmonton with River Valley views
Consisting of 26 floors and 173 dwelling units with 5 three-storey townhouses
Within close proximity to Jasper Ave, Whyte Ave, University of Alberta and Downtown Core
Neighbouring leisure amenities include Victoria Golf Course, Legislature Grounds, Muttart Conservatory, Kinsmen Sport Centre, and the Royal Glenora Club
Direct access to the Edmonton Transit System and a 10-minute walk to the Bay Enterprise Square LRT station
Short walk away from some of the most extraordinary hiking trails of the River Valley

Contacts

Humaira Naikyar

RE/MAX Excellence Commercial Division

(780) 341-2035

Location

Getting Around

Walk Score ®
93/100 Walker's Paradise
Transit Score ®
82/100 Excellent Transit
Bike Score ®
64/100 Bikeable

Map
Street

City Edmonton, AB
Neighborhood Downtown Edmonton
Postal Code T5K 0

Points of Interest

Government Centre Station / Pedway

0.38 miles
Bay/Enterprise Square Station

0.42 miles
Government Centre Station

0.43 miles
Bay/Enterprise Square

0.44 miles
Government Centre

0.45 miles
Coron

0.47 miles
Corona

0.48 miles
Central

0.49 miles
Corona Station

0.51 miles
Central Station

0.54 miles

Central Tire & Auto Gas Bar

0.45 miles
Petro Canada

0.46 miles
Husky

0.99 miles
Hughes

1.16 miles
Safeway Gas Bar

1.21 miles
Esso

1.26 miles
Esso

1.26 miles
Shell

1.34 miles
City of Edmonton Central Fuel Site

1.34 miles
Husky

1.38 miles

Parking Garage

0.44 miles
Lot #144

0.52 miles
Parking Garage

0.55 miles
Impark (Parking)

0.61 miles
Canterra Centre Parking

0.65 miles
Library Parkade (Exit Only)

0.68 miles
Bell Tower Parkade

0.76 miles
Edmonton City Centre Parkade

0.77 miles
Ritchie Mill

0.81 miles
Lot #287

0.83 miles

Comfort Inn & Suites

0.28 miles
Matrix Hotel

0.36 miles
Days Inn

0.40 miles
Chateau Lacombe Hotel

0.40 miles
Alberta Place Suite Hotel

0.41 miles
Coast Edmonton Plaza

0.53 miles
Coast Edmonton Plaza Hotel

0.54 miles
Union Bank Inn

0.54 miles
Fairmont Hotel MacDonald

0.58 miles
Courtyard Marriott Edmonton

0.64 miles

Vidaley

0.21 miles
Bird's Nest of Beijing Restaurant

0.29 miles
Rigoletto's

0.30 miles
The Free Press Bistro

0.34 miles
Subway

0.34 miles
Razzleberries

0.38 miles
Chicago Deep Dish Pizza

0.39 miles
Cora

0.39 miles
Grandin Fish 'n' Chips

0.42 miles
The Common

0.43 miles

Alberta College Campus

0.48 miles
Learning Store at Londonderry

0.50 miles
Transitions at the Y

0.60 miles
Centre High

0.62 miles
Building 5

0.87 miles
MacEwan University City Centre Campus

0.90 miles
King Edward School

0.95 miles
Academy at King Edward

0.99 miles
Garneau School

1.00 miles
Old Scona Academic High School

1.02 miles

Little Scholars Childcare

0.93 miles
Strathcona Tender Loving Daycare

1.29 miles
Kepler Academy College Plaza

1.38 miles
Kids Club Early Learning & OSC

1.41 miles
McCauley Community Daycare

1.45 miles
McCauley After School Care

1.46 miles
University Infant Toddler Centre

1.56 miles
Paradise Daycare

1.94 miles
Curious Learners

2.36 miles
Fulton Child Care Natual Play Area

3.18 miles

Frequently Asked Questions

What is the total square footage of Panorama Site?

Panorama Site totals 30,056 square feet.

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