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!
Address
11229 99 AV NW
List Price
$1,300,000
Property Type
Residential
Type of Dwelling
Quadruplex
Style of Home
2 Storey
Transaction Type
Sale
Area
Edmonton
Sub-Area
wihkwentowin
Bedrooms
1
Bathrooms
4
Floor Area
2,127 Sq. Ft.
Lot Size
4983.69 Sq. Ft.
Lot Shape
Rectangular
Frontage Length
15.25
Year Built
1925
MLS® Number
E4497788
Listing Brokerage
Royal Lepage Arteam Realty
Postal Code
T5K 0G9
Zoning
Zone 12
Parking
2 Outdoor Stalls, Front/Rear Drive Access, Stall
Parking Places (Total)
4
Community Features
Off Street Parking, Air Conditioner
Exterior Features
Corner Lot, Flat Site, Golf Nearby, Low Maintenance Landscape, Picnic Area, Playground Nearby, Public Transportation, River Valley View, Schools, Shopping Nearby, Subdividable Lot, View City, View Downtown
Interior Features
ensuite bathroom
Heat Type
Forced Air-1, Natural Gas
Construction Materials
Wood, Vinyl
Direction Faces
North
Foundation Details
Concrete Perimeter
Garage Type
No
Roof
Asphalt Shingles
Access To Property
Paved