The Opportunity
Overview
Investors, THIS IS FOR YOU!!! FIRSTLY - $14,250.00 per year lease revenue from the abandoned water injection site with Ricochet. It is up for the next renewal in 2029. You still have a beautiful 3.19 -acre parcel in an awesome location to develop homes or sell to a developer. There is a playground at one end, walking trails thru the trees to the pond and waterfall, and further trails. The land is maintained by Ricochet every year, so no mowing of grass. This property is zoned as Urban Reserve. A great spot to add to the existing adult condos on the pond or options to build single family homes. There is an approach in place off of 48B Ave. Services are stubbed into property off of 48B Ave. The property is off of 50 Ave. turning south on 37 St. Turn west on 48B Ave. at the entrance of Aspen view on Pond. GREAT INVESTMENT and GREAT LOCATION.! (id:61970)
Investment highlights
- 01Vacant Land
Property details
- Property type
- Vacant Land
- Transaction
- sale
- Site area
- 1.29 square meters
- Listing brokerage
- RE/MAX Vision Realty
- Listing representative
- Heather Malin
- Board / association
- Edmonton
Financial information
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Location intelligence
Documents
Source Record
Current listing facts, with attribution intact.
- Source
- REALTOR.ca DDF®
- Listing status
- active
- Source ID
- 28687436
- Last supplied
- May 27, 2026
- Listing brokerage
- RE/MAX Vision Realty
- Listing representative
- Heather Malin
- Board / association
- Edmonton
Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.
Listing brokerage: RE/MAX Vision Realty · Listing representative: Heather Malin · Board/association: Edmonton · Updated: May 27, 2026
Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.
