Prime Development Opportunity

11042 - 124 Street NW, Edmonton, AB T5M 0

Property Information

  • For Sale $1,900,000
  • Property Type VacantLand
  • Lot Size 0.33 Acre
  • Date Updated May 22, 2026

Description

Seize the opportunity to redefine the skyline of Edmonton’s premier boutique shopping and arts district. Situated in the heart of the 124 Street Primary Corridor, this site represents one of the most versatile, high-yield development opportunities in the city’s central core. The location boasts an exceptional walk score, placing future residents steps from the 124 Grand Market, award-winning dining, and immediate transit connectivity linking Westmount to the downtown core. With favorable, shovel-ready MU (Mixed Use) zoning already in place, you bypass lengthy rezoning delays to maximize your return on investment. The flexible bylaws allow for optimized height and density, making it tailor-made for a landmark, transit-oriented development combining premium multi-family residential units with active ground-floor retail. It is the perfect vehicle to capitalize on Edmonton’s aggressive shift toward high-density, walkable urbanism.Seize the opportunity to redefine the skyline of Edmonton’s premier boutique shopping and arts district. Situated in the heart of the 124 Street Primary Corridor, this site represents one of the most versatile, high-yield development opportunities in the city’s central core. The location boasts an exceptional walk score, placing future residents steps from the 124 Grand Market, award-winning dining, and immediate transit connectivity linking Westmount to the downtown core. With favorable, shovel-ready MU (Mixed Use) zoning already in place, you bypass lengthy rezoning delays to maximize your return on investment. The flexible bylaws allow for optimized height and density, making it tailor-made for a landmark, transit-oriented development combining premium multi-family residential units with active ground-floor retail. It is the perfect vehicle to capitalize on Edmonton’s aggressive shift toward high-density, walkable urbanism.

Contacts

Martin Halabi

HCR Group

Location

Located at 11042 - 124 Street NW, Edmonton, AB T5M 0, this property is part of the Westmount neighborhood.

Contact Listing Broker
Martin Halabi

HCR Group

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