RF6 MULTIFAMILY DEVELOPMENT OPPORTUNITY · RF6 MULTIFAMILY DEVELOPMENT OPPORTUNITY 3.04 ACRES IN...

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RF6 MULTIFAMILY DEVELOPMENT OPPORTUNITY 3.04 ACRES IN THE HIGHLY SOUGHT AFTER SOUTH EDMONTON COMMUNITY OF GREENWOOD AT ORCHARDS 8051 ORCHARDS GREEN SW, EDMONTON, AB Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. The site is being offered with a LIST PRICE of $2,584,000 ($850,000/Acre). CBRE Limited is the exclusive listing agent for the sites. Expressions of interest to purchase will be dealt with as-received. greenwoodatorchards.com

Transcript of RF6 MULTIFAMILY DEVELOPMENT OPPORTUNITY · RF6 MULTIFAMILY DEVELOPMENT OPPORTUNITY 3.04 ACRES IN...

Page 1: RF6 MULTIFAMILY DEVELOPMENT OPPORTUNITY · RF6 MULTIFAMILY DEVELOPMENT OPPORTUNITY 3.04 ACRES IN THE HIGHLY SOUGHT AFTER SOUTH EDMONTON COMMUNITY OF GREENWOOD AT ORCHARDS 8051 ORCHARDS

RF6 MULTIFAMILYD E V E L O P M E N T O P P O R T U N I T Y

3.04 ACRES IN THE HIGHLY SOUGHT AFTER SOUTH EDMONTONCOMMUNITY OF GREENWOOD AT ORCHARDS

8 0 5 1 O R C H A R D S G R E E N S W, E D M O N TO N, A B

Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

The site is being offered with a LIST PRICE of $2,584,000 ($850,000/Acre).CBRE Limited is the exclusive listing agent for the sites.

Expressions of interest to purchase will be dealt with as-received.

greenwoodatorchards.com

Page 2: RF6 MULTIFAMILY DEVELOPMENT OPPORTUNITY · RF6 MULTIFAMILY DEVELOPMENT OPPORTUNITY 3.04 ACRES IN THE HIGHLY SOUGHT AFTER SOUTH EDMONTON COMMUNITY OF GREENWOOD AT ORCHARDS 8051 ORCHARDS

Greenwood At Orchards is a newly developed residential community nestled in highly sought-after south Edmonton. The area boasts incredible proximity to major transportation, employment and services while providing a quaint, quiet community feeling.

INFORMATION

Municipal Address 8051 Orchards Green SW, Edmonton, AB

Legal Description Plan 1820076; Block 5; Lot 1

Neighbourhood The Orchards at Ellerslie

Site Size 3.04 acres

Zoning RF6(Medium Density Multi-Family Zoning)

Maximum UPA 32.4 (99 units)42.5 (130 units) where underground parking is provided

Maximum Height 14.5m - 16m (based on roof type)

• The Orchard neighbourhood is home to 3 schools (2 public schools, 1 Catholic school)

• All major shops and services available within a 5 min drive, including Ellerslie Crossing and Market at Summerside and Orchard Gate

• Major employment nodes include South Edmonton Common, Ellerslie Auto Mall and Nisku (easily accessed via Ewing Trail)

• Exceptional walking amenities including two landscaped storm-pond areas to the north and west, and a greenbelt walking path immediately to the east

• Close proximity to aggressively expanding Edmonton International Airport business and retail camp, including premium outlets with over 100 stores which employ over 10,000 people, allowing development to service growing employment

GREENWOOD AT ORCHARDS

AREA HIGHLIGHTS

NEIGHBOURHOOD OVERVIEW

ALLOWED USES• Stacked row housing• Row housing

• Semi-detached• Duplex housing

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SOUTHEAST EDMONTON NEIGHBOURHOOD DEMOGRAPHICS

GREENWOOD AT ORCHARDS

0% 5% 10% 15% 20%

Under $20,000$ 20,000 - $39,999$ 40,000 - $59,999$ 60,000 - $79,999$ 80,000 - $99,999

$ 100,000 - $ 124,999$ 125,000 - $ 149,999$ 150,000 - $199,999

$ 200,000 and over

2018 Total Occupied Dwellings: 12,856

2018 Households by Income (Current Year $)

0

10,000

20,000

30,000

40,000

50,000

60,000

2013 2018 2021 2023 2028

Population

23%

40%

28%

13%

-27%

29%

Dwelling Growth (%) 2018 to 2028

Detached duplex Five or more floors

Less than five floors Row house

Semi-detached house Single-detached house

+3,2942018 to 2028 projected dwellings

Dweling Types (%) 2018

Single-detached house Semi-detached house

Row house Apartment: Less than five floors

Apartment: Five or more floors Detached duplex

81.6%

18.4%

Owned vs. Rented Dwellings

Owned dwellings

Rented dwellings

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FOR MORE INFORMATION:

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.

RF6 MEDIUM DENSITY DEVELOPMENT OPPORTUNITY

cbre.ca/edmonton

CODY NELSONLand & Development AdvisoryAssociate Vice President 1+ 780 229 4689 [email protected]

greenwoodatorchards.com