Prime Redevelopment Opportunity Near the U of A! Explore the potential of this 42 x 130 ft lot, offering flexibility with Small Scale Residential (RS) zoning. This property allows for various uses, from multi-unit residential to some commercial options. Key features of this property: Strategic Location: Located in a sought-after area with easy access to amenities, Whyte Avenue, and the University of Alberta, which is a factor in rental demand. Rental Income: The property currently earns $2,300/month in rental income on a flexible, month-to-month arrangement. This is a plus, especially while you await your permits.. This is a plus, especially while you waiting for your permits. Development Potential: The lot size and zoning are suitable for various development ideas, such as a multi-suite project or a custom residence with additional income potential. This property is a good option for those looking to build a multi-unit rental or a primary home with a secondary suite. The seller has a drawing for 6-plex. (id:13843)
| MLS # | E4499646 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1950 |
| Days On Site | 93 |
| Listing Provided By | Alta-Pro Realty | Helison S. Aniyi |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,255 |
| Basement | Y |
| Story(s) | 1 |
| Heating | Forced air |
|---|---|
| Appliances | Washer, Refrigerator, Stove, Dryer |
| Fireplace Yes / No | No |
| Parking Features | Detached Garage |
|---|
| Province | AB |
|---|---|
| City | Edmonton |
| Postal Code | T6C0N4 |
| Listing VS Median (in T6C0N4) | |
Price: $379,000 low | high Med: $393,000 sqft: 1,255 low | high Med: 1,227 $ / sqft: $302 low | high Med: $321 On site: 93 low | high Med: 50.5 | |
| Province | AB |
|---|---|
| City | Edmonton |
| Postal Code | T6C0N4 |
| Listing VS Median (in T6C0N4) | |
Price: $379,000 low | high Med: $393,000 sqft: 1,255 low | high Med: 1,227 $ / sqft: $302 low | high Med: $321 On site: 93 low | high Med: 50.5 | |
![]() | $407,0008150 78 Av NwEdmonton, AB T6C0N4 |