MLS® E4499646 · Active

8146 78 AV NW

Edmonton, Alberta

$379,000

Source-listed price. Confirm sale or lease terms and availability.

Property photographs

Property details

MLS®

E4499646

Status

Active

Property type

Single Family

City

Edmonton

Bedrooms

4

Bathrooms

2

Year built

1950

Living area

1255 square feet

Listing brokerage

Alta-Pro Realty

About this property

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:65883)

Location

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Listing information provided through CREA DDF®. Listing courtesy of Alta-Pro Realty. Source attribution · REALTOR.ca

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