Courtesy of Marty Smayda, RE/MAX Real Estate
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(780)-887-1346Listing Description
Located on a west-facing corner lot in Elmwood Park, this 6, 440 sq. ft. property presents an excellent opportunity for builders, investors, and purchasers exploring CMHC MLI Select multi-family development potential. The existing bungalow offers 2 bedrooms and 1 full bathroom and is currently tenant occupied, providing holding income while future redevelopment plans are considered. The home features a partially finished basement with a large recreation area that could serve a variety of future uses, along with substantial unfinished space ideal for storage or additional development. The fenced yard and prominent corner positioning further enhance the property’s long-term potential. Convenient access to major transportation routes, including the Yellowhead Trail, provides excellent connectivity throughout the city. Immediate possession may be available, subject to assumption of the existing tenant.
Features
Dryer, Hood Fan, Refrigerator, Stove-Electric, Washer, See Remarks
Amenities
Landscaped, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby.
Key Details
| MLS® Number: | E4486746 |
|---|---|
| Property Type: | Single Family |
| Building Type: | Detached Single Family, Bungalow |
| Building Size: | 809 SqFt |
| Year Built: | 1946 |
| Neighbourhood: | Elmwood Park |
| Zone: | Zone 05 |
| Lot Size: | 6,441 SqFt |
| Lot Shape: | Rectangular |
| Exposure: | West |
| Parking Type: | Stall |
| Bedrooms: | 2 |
| Bathrooms: | 1 Full, 0 Half |
| Fireplace: | No |
| Heating Type: | Forced Air-1, Natural Gas |
| Flooring: | Hardwood |
| Exterior: | Wood, Vinyl |
| Roofing: | Asphalt Shingles |
| Construction: | Wood, Vinyl |
| Foundation: | Slab |
Community Demographics
