Address
8146 78 Avenue Nw, Edmonton, AB
Price
$ 379,000
Property Attributes
  • ID#E4499646
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityEdmonton
  • CityEdmonton
  • AreaEdmonton
  • NeighbourhoodKing Edward Park
  • Postal CodeT6C 0N4
  • StyleDetached
  • Year Built1950
  • Price$ 379,000
  • Bedrooms3+1
  • Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1254
Data Source:
RLP - CREA EN
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.

General Features

Zoning Zone 17
Terms SALE
Neighbourhood King Edward Park
Property Sub Type Detached Single Family
jumpId 28743557
Property Subtype French Detached
Listing Type French House
MLS E4499646

Interior Features

Living Area Range 1254 sqft
Bedrooms 3+1
Beds 4
Total Baths 2
Total Baths 2

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in T6C 0N4

Price
AVG $380K
$380K
Year Built
AVG 1950
1950