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Listing Details

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Courtesy of Mani Bagga, Shivani Bagga of Royal Lepage Magna.
Data was last updated 2024-11-23 at 14:50:15 GMT

12318 83 ST NW   Edmonton, AB

$298,800
MLS®: E4413954
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Welcome to Eastwood! This 15.1 m x 45.8 m (50 feet frontage x 150 feet deep) lot is ready to start your project right away! The current seller has invested over $35,000 in demolition and lot preparation, including asbestos inspections and demolition clearances. Development potential includes two side-by-side "skinny" homes . Each with a fully finished basement and the option to add a suite above the garage. This allows for three units per property, providing great rental income potential! Build a fourplex above ground with legal basement suites for a total of 8 units. This is a high-yield opportunity perfect for the CMHC program, supporting affordable housing & investment. With its central location and rental-friendly zoning, this property is ideal for those looking to generate rental income.Whether you?re interested in building and selling, renting, or living in one unit and renting out others, this lot offers the flexibility to meet various investment goals. Close to schools, transportation & shopping!

Welcome to Eastwood! This 15.1 m x 45.8 m (50 feet frontage x 150 feet deep) lot is ready to start your project right away! The current seller has invested over $35,000 in demolition and lot preparation, including asbestos inspections and demolition clearances. Development potential includes two side-by-side "skinny" homes . Each with a fully finished basement and the option to add a suite above the garage. This allows for three units per property, providing great rental income potential! Build a fourplex above ground with legal basement suites for a total of 8 units. This is a high-yield opportunity perfect for the CMHC program, supporting affordable housing & investment. With its central location and rental-friendly zoning, this property is ideal for those looking to generate rental income.Whether you?re interested in building and selling, renting, or living in one unit and renting out others, this lot offers the flexibility to meet various investment goals. Close to schools, transportation & shopping!

Listing Information

Prop. Type:
Vacant Lot
Status:
Active
City:
Edmonton
MLS® Number:
E4413954
Neighbourhood:
Eastwood
Area:
Edmonton
Province:
AB
Listing Price:
$298,800

General Information

Lot Size:
7416 ft2
Lot Shape:
Rectangular

Other Information

Site Influences:
Fenced, Flat Site, Playground Nearby, Public Transportation, Schools, Shopping Nearby, See Remarks

VIP-Only Information

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This property is listed by Mani Bagga, Shivani Bagga of Royal Lepage Magna 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
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.