8146 78 Avenue, Edmonton, AB T6C 0N4
Courtesy of Helison S Aniyi of Alta-Pro Realty.
- $379,000
- 4
- BD
- 2
- BA
- 1,254
- SqFt
- List Price
- $379,000
- Status
- ACTIVE
- Days on Market
- 9
- MLS#
- E4499646
- Subtype
- Residential
- Style
- 1 and Half Storey
- Year Built
- 1950
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,254
- MLS Area Major
- Edmonton
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.
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Additional Information
- Exterior Features
- Landscaped, Public Transportation
- Community Features
- King Edward Park
- Property Description
- 1 and Half Storey
- Appliances
- Dryer, Refrigerator, Stove-Electric, Washer
- Heating
- Forced Air-1, Natural Gas
- Levels
- 3
- Roof
- Asphalt Shingles
- Foundation
- Concrete Perimeter
- Parking Features
- Double Garage Detached
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