Listing Details

For more information on this listing or other please contact me.

Courtesy of Harmehak Dhawan of Sterling Real Estate.
Data was last updated 2024-05-08 at 00:51:05 GMT

12344 80st NW   Edmonton, AB

$219,000
MLS®: E4384168
Tremendous investment opportunity for investors in community of Elmwood park with lot of new infills and family friendly neighbourhood. This lot is 33ft x 150ft lot and you can build a front and back duplex with a legal basement suite + garden suite and take advantage of CMHC MLI program 5% down payment on a 5-unit building.  Duplexes floor plans are already in place . These properties can create great cash flow if you rent a garden suite ? $2500/month, duplex 3 beds -$2450/month X2 and basement suite - $1300/month X2 with income of 120K yearly. New units will have low maintenance cost. Buyer avoids demo, disposal, and potential asbestos costs.

Tremendous investment opportunity for investors in community of Elmwood park with lot of new infills and family friendly neighbourhood. This lot is 33ft x 150ft lot and you can build a front and back duplex with a legal basement suite + garden suite and take advantage of CMHC MLI program 5% down payment on a 5-unit building. Duplexes floor plans are already in place . These properties can create great cash flow if you rent a garden suite ? $2500/month, duplex 3 beds -$2450/month X2 and basement suite - $1300/month X2 with income of 120K yearly. New units will have low maintenance cost. Buyer avoids demo, disposal, and potential asbestos costs.

Listing Information

Prop. Type:
Vacant Lot
Property Style:
2 Storey
Status:
Active
City:
Edmonton
MLS® Number:
E4384168
Neighbourhood:
Elmwood Park
Area:
Edmonton
Province:
AB
Listing Price:
$219,000

General Information

Lot Size:
4951 ft2
Lot Shape:
Rectangular

Other Information

Site Influences:
See Remarks

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This property is listed by Harmehak Dhawan of Sterling Real Estate and provided here courtesy of SUNNYSIDE REALTY LTD. For more information or to schedule a viewing please contact SUNNYSIDE REALTY LTD.
SUNNYSIDE REALTY LTD
Phone: 780-674-5998
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.