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$ 1,200,000
Est. payment | /mo
7,500 SqFt
$ 1,200,000
Est. payment | /mo
7,500 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $160
Subdivision Central Mcdougall
MLS® Listing ID E4426970
Originating Board REALTORS® Association of Edmonton
Year Built 1961
Lot Size 7,492 Sqft
Acres 7492.32
Property Description
Prime Development & Investment Opportunity! This exceptional property offers a rare chance to develop a 20-unit, 3-storey apartment building, with a development permit and plans to be provided—perfect for investors and developers looking for their next big project! Currently, the well-maintained lot features six spacious suites—five 1-bedroom units and one 2-bedroom unit—generating immediate rental income. Ideally situated just one block from the LRT and Royal Alexandra Hospital, it ensures unbeatable convenience. Plus, with walking access to Grant MacEwan University, Rogers Place, and the lively Ice District, this location is primed for strong tenant demand and future growth! (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 6
Private Pool No
Listed by Exp Realty