Courtesy of Helison Aniyi, Alta-Pro Realty
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If you are interested in receiving more information or scheduling a viewing of this property, call Rachelle Cusworth today.
(780)-932-3843Listing 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.
Features
Dryer, Refrigerator, Stove-Electric, Washer, Vaulted Ceiling
Amenities
Landscaped, Public Transportation.
Key Details
| MLS® Number: | E4479770 |
|---|---|
| Property Type: | Single Family |
| Building Type: | Detached Single Family, 1 and Half Storey |
| Building Size: | 1,255 SqFt |
| Year Built: | 1950 |
| Neighbourhood: | King Edward Park |
| Zone: | Zone 17 |
| Lot Shape: | Rectangular |
| Exposure: | South |
| Parking Type: | Double Garage Detached |
| Garage: | 1 |
| Bedrooms: | 4 |
| Bathrooms: | 2 Full, 0 Half |
| Fireplace: | No |
| Heating Type: | Forced Air-1, Natural Gas |
| Flooring: | Ceramic Tile, Hardwood, See Remarks |
| Exterior: | Wood |
| Roofing: | Asphalt Shingles |
| Construction: | Wood |
| Foundation: | Concrete Perimeter |
Community Demographics
