Tremendous investment opportunity for investors in most desirable neighbourhood of Westwood close to NAIT, Blatchford, Royal Alexandra hospital and quick access to Yellowhead, downtown & Grant Macewan. The lot is 41ft x 150ft lot and you can build a front and back duplex with a legal basement suite + garden suite and take advantage of CMHC MLI program 5% down payment on a 5-unit building. Duplexes floor plans are already in place . These properties can also create great cash flow if you rent a garden suite – $2500/month, duplex 3 beds -$2450/month X2 and basement suite - $1300/month X2 with income of 120K yearly. New units will have low maintenance cost.Buyer avoids demo, disposal, and potential asbestos costs.
Address |
12243 107st NW |
List Price |
$239,000 |
Property Type |
Single Family |
Type of Dwelling |
Vacant Lot/Land |
Style of Home |
2 Storey |
Area |
Edmonton |
Sub-Area |
Westwood (Edmonton) |
Lot Size |
6146.19 Sq. Ft. |
MLS® Number |
E4384166 |
Listing Brokerage |
Sterling Real Estate
|
Postal Code |
T5G 2S9 |
Site Influences |
See Remarks |