Courtesy of Bikram Bathh, MaxWell Polaris
Interested?
If you are interested in receiving more information or scheduling a viewing of this property, call Matthew Labas today.
(780) 819-2615Listing Description
Discover the potential of this spacious 33’ x 150’ corner lot located in the rapidly transforming central community of Eastwood. Surrounded by a wave of infill development, the area is home to new duplexes, skinny homes, fourplexes, and triplexes—making this an ideal investment for builders and developers. Directly across the street is a cash-flow positive 8-plex, highlighting the strong rental demand and income potential in the area. With the ability to build up to 6 units, this property may also qualify for the CMHC MLI Select program, offering added financial incentives for the right project. Seller is open to a JV with a builder. An older, boarded-up home currently sits on the lot. Whether you're looking to build and hold, or sell upon completion, this is an exceptional opportunity in a growing urban neighborhood.
Amenities
Corner Lot, Schools, Shopping Nearby, Subdividable Lot, View Downtown, See Remarks.
Key Details
| MLS® Number: | E4444142 |
|---|---|
| Property Type: | Single Family |
| Building Type: | Vacant Lot/Land |
| Neighbourhood: | Eastwood |
| Zone: | Zone 05 |
| Lot Size: | 4,994 SqFt |
| Bedrooms: | 0 |
| Bathrooms: | 0 Full, 0 Half |
| Fireplace: | No |
Community Demographics
