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$ 379,000
Est. payment /mo
Active
8146 78 AV NW Edmonton, AB T6C0N4
4 Beds
2 Baths
1,255 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1255
Square Footage 1,255 sqft
Price per Sqft $301
Subdivision King Edward Park
MLS® Listing ID E4499646
Bedrooms 4
Year Built 1950
Property Sub-Type Freehold
Property Description
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:24570)
Location
Province AB
Rooms
Kitchen 0.0
Extra Room 1 Lower level Measurements not available Bedroom 2
Extra Room 2 Main level Measurements not available Primary Bedroom
Extra Room 3 Upper Level Measurements not available Bedroom 3
Extra Room 4 Upper Level Measurements not available Bedroom 4
Interior
Heating Forced air
Exterior
Parking Features Yes
View Y/N No
Attached Garage No
Garage Yes
Private Pool No
Building
Story 1.5
Others
Ownership Freehold
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