11229 99 AV NW, Edmonton, Alberta T5K0G9

Listing courtesy of Royal Lepage Arteam Realty.

$1,300,000
1
BD
4
BA
2,127
SqFt

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List Price
$1,300,000
MLS®
E4497788
Days on Market
19
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
1
Bathrooms
4
Living Area
2,127
Lot Size Dimensions
463
Lot Size
463
Subdivision
Wîhkwêntôwin

Property Description

ONCE IN A LIFETIME OPPORTUNITY half a block from the River Valley and walking distance to LRT & the University of Alberta. Purchase this 50’x100' property in combination with 11223 99 AV NW (SEPARATE LISTING; MUST BE PURCHASER TOGETHER) for a total of 100’ x 100’ (10,000 sq.ft) of prime redevelopment space under the City’s new zoning bylaws. FOUR 1-bedroom/1-bathroom units, with shared coin laundry in the basement, are all currently rented and generate positive income. Property was GUT-RENOVATED in 2017 including electricity, plumbing, furnace and A/C. Tenants pay for their own electricity and each have their own parking stall in the back. Capitalize on spectacular River Valley views. Both 11229 & 11229 are currently rented until you are ready to redevelop this parcel - GET PAID WHILE YOU PLAN! (id:5764)

Additional Information

Ownership
Freehold
View
City view, Valley view
Subdivision
Wîhkwêntôwin
Parking Spaces
4
Cooling
Central air conditioning
Country
Canada
Heating
Forced air
Lot Features
Corner Site, Flat site, Subdividable lot
Stories
2
Lot Size
463

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Calculator source: Real Geeks