RARE INVESTMENT & REDEVELOPMENT OPPORTUNITY in the heart of Queen Alexandra! Zoned RM h16 (RA7), this property offers exceptional future potential in one of Edmonton's most desirable infill corridors. Just steps to Whyte Ave, the University of Alberta, transit, cafés, and shopping, the existing home offers timeless character while providing immediate income potential with 5 BEDROOMS, 2 FULL BATHROOMS, 2 KITCHENS, separate living areas, and a versatile loft ideal for a home office or additional flex space. Investors can generate rental income today while capitalizing on the property's long-term redevelopment potential. Whether you're looking to add to your portfolio, build in a sought-after central location, or secure a property with exceptional long-term upside, this is a rare opportunity in one of Edmonton's most desirable communities.
Data was last updated July 14, 2026 at 05:30 PM (UTC)
Area Statistics
Listings on market:
136
Avg list price:
$698,950
Min list price:
$175,000
Max list price:
$4,900,000
Avg days in system:
48
Min days in system:
1
Max days in system:
557
Avg price per sq.ft.:
$473.01
These statistics are generated based on the current listing's property type
and located in
Zone 15. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on July 14, 2026 at 05:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.