Courtesy of Jason Beattie, Exp Realty

Interested?

If you are interested in receiving more information or scheduling a viewing of this property, call Rachelle Cusworth today.

(780)-932-3843

Listing Description

Exceptional corner redevelopment opportunity in Killarney offering both immediate utility and strong future rental upside. This 15.25m x 36.67m lot (approx. 50 ft x 120 ft) is ideally positioned for multi-unit infill in a neighborhood supported by transit, schools, and amenities, key drivers of long-term tenant demand. Located directly across from a school, playground, and splash park, this site naturally appeals to families, while nearby public transportation and shopping enhance accessibility for a wide tenant base. The corner configuration allows for improved unit design, separate entrances, and enhanced street appeal, critical factors in maximizing rental income and tenant retention. The existing home features valuable updates, including a newer roof, furnace, updated electrical and plumbing, and exterior sewer, providing solid holding value while development plans are finalized. With Edmonton’s continued push toward higher-density, affordable housing, this property presents a strategic opportunity.

Features

Dryer, Refrigerator, Stove-Electric, Washer, See Remarks

Amenities

Fenced, Park/Reserve.

Key Details

MLS® Number:E4480596
Property Type:Single Family
Building Type:Detached Single Family, 4 Level Split
Building Size:1,184 SqFt
Year Built:1959
Neighbourhood:Killarney
Zone:Zone 02
Lot Size:5,802 SqFt
Lot Shape:Irregular
Exposure:East
Parking Type:Double Garage Detached
Garage:1
Bedrooms:4
Bathrooms:2 Full, 0 Half
Fireplace:No
Heating Type:Forced Air-1, Natural Gas
Flooring:Vinyl Plank
Exterior:Wood, Stucco
Roofing:Asphalt Shingles
Construction:Wood, Stucco
Foundation:Concrete Perimeter
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