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Home AB Greater Edmonton Edmonton Eastwood
12318 83 ST NW
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12318 83 ST NW $298,800
2 days ago
$298,800
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12318 83 ST NW
Edmonton, Alberta T5E3A3

MLS® Number: E4413954

Listing Description

Welcome to Eastwood! This 15.1 m x 45.8 m (50 feet frontage x 150 feet deep) lot is ready to start your project right away! The current seller has invested over $35,000 in demolition and lot preparation, including asbestos inspections and demolition clearances. Development potential includes two side-by-side skinny homes . Each with a fully finished basement and the option to add a suite above the garage. This allows for three units per property, providing great rental income potential! Build a fourplex above ground with legal basement suites for a total of 8 units. This is a high-yield opportunity perfect for the CMHC program, supporting affordable housing & investment. With its central location and rental-friendly zoning, this property is ideal for those looking to generate rental income.Whether youre interested in building and selling, renting, or living in one unit and renting out others, this lot offers the flexibility to meet various investment goals. Close to schools, transportation & shopping! (32076706)

Property Summary

Property Type
Vacant Land
Building Type
No Building
Neighbourhood Name
Eastwood
Title
Freehold
Land Size
689 m2
Time on REALTOR.ca
2 days

Legal Description

Plan :- 8148AC Block :- 40 Lot :- 25 & 26 N

Building

Building Features
Features
See remarks, Flat site
Neighbourhood Features
Amenities Nearby
Playground, Public Transit, Schools, Shopping

Land

Lot Features
Fencing
Fence
Data provided by: REALTORS® Association of Edmonton 101 - 18354 118 Avenue NW Avenue, EDMONTON, Alberta T5S 2G2

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