Extremely rare opportunity to purchase one of the best Mixed Use Commercial and Residential MU-1 FAR: 3.5(max 38,465 SF development) 20m (5-6 stories) land facing Edmonton Trail and near 20 Ave intersection. This corner lot has 125 ft frontage x 90 ft depth totalling 10,990 SF. New nearby 6-storey apartment development proves great potential in this prime location. Easy access from 16 Ave(#1 HWY) and excellent public transit options. Access from 3 sides of the property for ease of architectural design. Faces major roadway with high visibility from over 15,000 vehicles daily and just 10 minutes from downtown. Great holding property or redevelop and make your vision a realty. Sale includes both 401 and 405 21 Ave NE. The house is rented and property generates rental income. No caveats, no restrictions on title.