904 Geikie Street, Jasper, Municipality, Alberta T0E 0A8

Property Description

Rare multifamily development site. 3,695 sqm (39,800 sf) across 6 contiguous lots in Jasper's R3b zone. Limited multifamily-zoned properties exist in this mountain market, making this a genuinely exceptional find. Roughly half the site is completely clear and ready for immediate new construction. The other half holds an existing 2-storey + basement building (15 units, 517 sqm) that can be renovated and expanded, or demolished and rebuilt to your specifications. Existing plan in place for 64-unit development. Zoning permits 4-storey development (plus basement) with up to 40% site coverage available. The tourist economy in Jasper drives workforce need year-round with sustained housing demand against constrained supply. A development site at this scale in Jasper is uncommon. Need to Reside required for residents of the property (not required to own the property - contact list agent to discuss if necessary).