8146 78 AV NW
Edmonton, Alberta
MLS® E4499646
$379,000
- Status
- Active
- Property type
- House
- MLS® number
- E4499646
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1950
1 / 3Listing 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.
Property summary
- MLS® number
- E4499646
- Property type
- Single Family
- Building type
- House
- Square footage
- 1,255 sq ft
- Title
- Freehold
- Built in
- 1950
- Parking
- Detached Garage
- Days on market
- 43 days
Features & details
- Heating
- Forced air
- Basement
- Finished, Full
- Appliances
- Washer, Refrigerator, Stove, Dryer
What would this home cost you?
Based on the $379,000 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 Alta-Pro 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.