4
Bedrooms
2
Bathrooms
1,255 sqft
Living Area
1950
Year Built
About This Property
This 4-bedroom, 2-bathroom single family in Edmonton offers 1,255 sqft of living area. Built in 1950, 1 storey. The home features forced air heating, a finished, full basement.
MLS Remarks
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:60351)
Overview
Property Typeresidential
Sub-Typesingle family
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