11229 99 AV NW
Edmonton, Alberta
MLS® E4497788
$1,300,000
- Status
- Active
- Property type
- House
- MLS® number
- E4497788
- Bedrooms
- 1
- Bathrooms
- 4
- Year built
- 1925
1 / 33Listing description
ONCE IN A LIFETIME OPPORTUNITY half a block from the River Valley and walking distance to LRT & the University of Alberta. Purchase this 50’x100' property in combination with 11223 99 AV NW (SEPARATE LISTING; MUST BE PURCHASER TOGETHER) for a total of 100’ x 100’ (10,000 sq. ft) of prime redevelopment space under the City’s new zoning bylaws.
FOUR 1-bedroom/1-bathroom units, with shared coin laundry in the basement, are all currently rented and generate positive income. Property was GUT-RENOVATED in 2017 including electricity, plumbing, furnace and A/C. Tenants pay for their own electricity and each have their own parking stall in the back.
Capitalize on spectacular River Valley views. Both 11229 & 11229 are currently rented until you are ready to redevelop this parcel - GET PAID WHILE YOU PLAN!
Property summary
- MLS® number
- E4497788
- Property type
- Single Family
- Building type
- Fourplex
- Square footage
- 2,127 sq ft
- Title
- Freehold
- Land size
- 463 square meters
- Built in
- 1925
- Parking
- 4 spaces · Stall
- Days on market
- 55 days
Features & details
- Heating
- Forced air
- Cooling
- Central air conditioning
- Basement
- Partially finished, Full
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, See remarks
- Lot features
- Corner Site, Flat site, Subdividable lot
- View
- City view, Valley view
What would this home cost you?
Based on the $1,300,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal Lepage Arteam Realty, Edmonton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.