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8146 78 Av Nw Nw Edmonton, Alberta T6C 0N4

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4 Bedroom 2 Bathroom 1255 sqft
Forced Air

$409,000

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. (id:58723)

Property Details

MLS® Number E4479770
Property Type Single Family
Neigbourhood King Edward Park
AmenitiesNearBy Public Transit

Building

BathroomTotal 2
BedroomsTotal 4
Appliances Dryer, Refrigerator, Stove, Washer
BasementDevelopment Finished
BasementType Full (finished)
CeilingType Vaulted
ConstructedDate 1950
ConstructionStyleAttachment Detached
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1255 Sqft
Type House

Parking

Detached Garage

Land

Acreage No
LandAmenities Public Transit

Rooms

Level Type Dimensions
Lower Level Bedroom 2 Measurements not available
Main Level Primary Bedroom Measurements not available
Upper Level Bedroom 3 Measurements not available
Upper Level Bedroom 4 Measurements not available

https://www.realtor.ca/real-estate/29535175/8146-78-av-nw-nw-edmonton-king-edward-park