Listing Details
For more information on this listing or other please contact me.
Courtesy of Alta-Pro Realty.
Data was last updated 2025-06-25 at 20:18:11 GMT
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.
Listing Information
- Prop. Type:
- Detached Single Family
- Property Style:
- 1 and Half Storey
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4479770
- Bedrooms:
- 4
- Neighbourhood:
- King Edward Park
- Area:
- Edmonton
- Province:
- Alberta
- Listing Price:
- $409,000
General Information
- Year Built:
- 1950
- Total Square Feet:
- 1255ft2
Additional Information
- Basement Dev:
- Full, Finished
- Parking:
- Double Garage Detached
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This property is listed by Alta-Pro Realty and provided here courtesy of
Andy Verhagen.
For more information or to schedule a viewing please contact Andy Verhagen.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
