8146 78 AV NW NW, Edmonton, AB T6C0N4
8146 78 AV NW NW, Edmonton, AB T6C0N4
8146 78 AV NW NW, Edmonton, AB T6C0N4
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$ 409,000
Est. payment | /mo

4 Beds

2 Baths

1,255 SqFt


Save
$ 409,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,255 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1255

Square Footage 1,255 sqft

Price per Sqft $325

Subdivision King Edward Park

MLS® Listing ID E4479770

Bedrooms 4

Year Built 1950

Property Sub-Type Freehold

Property 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. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Extra Room 1 Lower level Measurements not available Bedroom 2

Extra Room 2 Main level Measurements not available Primary Bedroom

Extra Room 3 Upper Level Measurements not available Bedroom 3

Extra Room 4 Upper Level Measurements not available Bedroom 4

Interior

Heating Forced air

Exterior

Parking Features Yes

View Y/N No

Private Pool No

Building

Story 1.5

Others

Ownership Freehold

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Listed by Alta-Pro Realty
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Aziza Subramanian

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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8146 78 AV NW NW