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11948 88 St Nw Edmonton, Alberta T5B 3S1
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$350,000
Discover the potential of this spacious 33’ x 150’ corner lot located in the rapidly transforming central community of Eastwood. Surrounded by a wave of infill development, the area is home to new duplexes, skinny homes, fourplexes, and triplexes—making this an ideal investment for builders and developers. Directly across the street is a cash-flow positive 8-plex, highlighting the strong rental demand and income potential in the area. With the ability to build up to 6 units, this property may also qualify for the CMHC MLI Select program, offering added financial incentives for the right project. Seller is open to a JV with a builder. An older, boarded-up home currently sits on the lot. Whether you're looking to build and hold, or sell upon completion, this is an exceptional opportunity in a growing urban neighborhood. (id:58723)
Property Details
| MLS® Number | E4444142 |
| Property Type | Vacant Land |
| Neigbourhood | Eastwood |
| AmenitiesNearBy | Schools, Shopping |
| Features | Corner Site, See Remarks, Subdividable Lot |
| ViewType | City View |
Building
| Type | No Building |
Land
| Acreage | No |
| LandAmenities | Schools, Shopping |
| SizeIrregular | 463.96 |
| SizeTotal | 463.96 M2 |
| SizeTotalText | 463.96 M2 |
https://www.realtor.ca/real-estate/28517009/11948-88-st-nw-edmonton-eastwood
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June 27 2025 02:52:33
REALTORS® Association of Edmonton
Maxwell Polaris