11229 99 Avenue, Edmonton, AB T5K 0G9

Courtesy of Daniel M Israel of Royal Lepage Arteam Realty.

$1,300,000
1
BD
4
BA
2,126
SqFt

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List Price
$1,300,000
Status
ACTIVE
Days on Market
63
MLS#
E4497788
Subtype
Residential
Style
2 Storey
Year Built
1925
Bedrooms
1
Bathrooms
4
Full Baths
4
Living Area
2,126
Lot Size
463
MLS Area Major
Edmonton

Property 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!

Additional Information

Interior Features
ensuite bathroom
Exterior Features
Corner Lot, Flat Site, Golf Nearby, Low Maintenance Landscape, Picnic Area, Playground Nearby, Public Transportation, River Valley View, Schools, Shopping Nearby, Subdividable Lot, View City, View Downtown
Community Features
Whkwntwin
Property Description
2 Storey
Appliances
Air Conditioning-Central, Dishwasher-Built-In, Dryer, Refrigerator, Stove-Electric, Washer, See Remarks
Heating
Forced Air-1, Natural Gas
Levels
2
Roof
Asphalt Shingles
Foundation
Concrete Perimeter
Parking Features
2 Outdoor Stalls, Front/Rear Drive Access, Stall

Mortgage Calculator

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Calculator source: Real Geeks

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