ONCE IN A LIFETIME OPPORTUNITY half a block from the River Valley and walking distance to LRT & the University of Alberta. Purchase this 50'x100' property in combination with 11223 99 AV NW (SEPARATE LISTING; MUST BE PURCHASER TOGETHER) for a total of 100' x 100' (10,000 sq.ft) of prime redevelopment space under the City's new zoning bylaws. FOUR 1-bedroom/1-bathroom units, with shared coin laundry in the basement, are all currently rented and generate positive income. Property was GUT-RENOVATED in 2017 including electricity, plumbing, furnace and A/C. Tenants pay for their own electricity and each have their own parking stall in the back. Capitalize on spectacular River Valley views. Both 11229 & 11229 are currently rented until you are ready to redevelop this parcel - GET PAID WHILE YOU PLAN! (id:13843)
| MLS # | E4497788 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Status | Active |
| Year | 1925 |
| Days On Site | 106 |
| Listing Provided By | Royal Lepage Arteam Realty | Daniel M. Israel |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,127 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.11 |
| Property View | City view, Valley view |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air |
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, See remarks |
| Fireplace Yes / No | No |
| Lot Features | Corner Site, Flat site, Subdividable lot |
|---|
| Parking Features | Stall |
|---|---|
| Parking Total | 4 |
| Province | AB |
|---|---|
| City | Edmonton |
| Postal Code | T5K0G9 |
| Listing VS Median (in T5K0G9) | |
Price: $1,300,000 low | high Med: $1,300,000 sqft: 2,127 low | high Med: 2,114 $ / sqft: $611 low | high Med: $615 On site: 106 low | high Med: 106 | |
| Province | AB |
|---|---|
| City | Edmonton |
| Postal Code | T5K0G9 |
| Listing VS Median (in T5K0G9) | |
Price: $1,300,000 low | high Med: $1,300,000 sqft: 2,127 low | high Med: 2,114 $ / sqft: $611 low | high Med: $615 On site: 106 low | high Med: 106 | |
![]() | $1,300,00011223 99 Av NwEdmonton, AB T5K0G9 |