1-867-873-9800
4901 52 Avenue, Downtown, Yellowknife 2

SALE PENDING

4901 52 Avenue

Downtown, Yellowknife

Prime Corner Lot in Downtown Yellowknife

$989,000

Over half an acre of vacant downtown land, located at a busy four-way stop intersection.  Perfect for drive-through fast food, high-density residential, mixed-use, office or hotel.

The lot was recently rezoned to "RC - Residential Central," which facilitates high density development.  In December 2024, Yellowknife City Council adopted develoment incentives for the RC zone, including a 5-year 100% municipal tax abatement for residential development, or a 5-year declining tax abatement for mixed-use development.  Additional incentives include the Development Permit and Building Permit Fee Grant, Bicycle Racks and Storage Grant, Shared Vehicle Grant and Ventilation System Grant.  Full details can be obtained through the City of Yellowknife (Bylaw 5097).

Clean 2022 environmental assessment on file.  Geotechincal evaluation completed in January 2025 indicates bedrock at 2.4m-5m.

 

Lot Size: 22,483 sqft


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Adrian

Adrian Bell

Broker of Record

867-446-9800 | 

Taxes: $10,607 (2022)
Type: Commercial
Taxes: $10,607 (2022)
Type: Commercial
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