Exceptional corner redevelopment opportunity in Killarney offering both immediate utility and strong future rental upside. This 15.25m x 36.67m lot (approx. 50 ft x 120 ft) is ideally positioned for multi-unit infill in a neighborhood supported by transit, schools, and amenities, key drivers of long-term tenant demand. Located directly across from a school, playground, and splash park, this site naturally appeals to families, while nearby public transportation and shopping enhance accessibility for a wide tenant base. The corner configuration allows for improved unit design, separate entrances, and enhanced street appeal, critical factors in maximizing rental income and tenant retention. The existing home features valuable updates, including a newer roof, furnace, updated electrical and plumbing, and exterior sewer, providing solid holding value while development plans are finalized. With Edmonton’s continued push toward higher-density, affordable housing, this property presents a strategic opportunity.
Data was last updated April 3, 2026 at 09:30 PM (UTC)
Area Statistics
Listings on market:
71
Avg list price:
$449,900
Min list price:
$179,999
Max list price:
$699,000
Avg days in system:
21
Min days in system:
1
Max days in system:
297
Avg price per sq.ft.:
$352.53
These statistics are generated based on the current listing's property type
and located in
Zone 02. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on April 3, 2026 at 09:30 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.
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