7,400 ft²Land$599,900Sale
7,400 ft²
Land
$599,900
Sale
Peter Chen
MaxWell Polaris
The Property
Asking Price$599,900
Available Space7,400 ft²
MLS® IDE4414623
Year Built1950
SourceREALTORS® Association of Edmonton
The Lot
Buy & Build potential up to 4 Story apartment for a 29 units on a RM h16 zoning "CORNER" lot 49.9’ * 150’(140'). The site is backing to green space and off leash Park. The site location near Canadian tire & Superstore and public transportation to Kingsway mall. Bachelor (2 units), 1-bed (18 units), 2-bed (9 units). 29 units estimated gross income $528,000. Cap rate 5.25%. The seller is also option to build the completed project on request. The floorplan is for reference purposes only and is not final. The new owner will collaborate with the designer to optimize the potential of the lot. Photo is 3D rendering for illustration purpose only
Property TypeLand
Building Size1,269 ft²
Lot Size7,400 ft²
MLS® IDE4414623
Year Built1950
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
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