11739 122 ST NW NW Active

Edmonton,AB T5M 0B6

$ 599900

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID E4414623

Year Built 1950

Property Description

Buy & Build potential up to 4 Story apartment for a 29 units on a RM h16 zoning "CORNER" lot 49.9' * 150'(140'). The site is backing to green space and off leash Park. The site location near Canadian tire & Superstore and public transportation to Kingsway mall. Bachelor (2 units), 1-bed (18 units), 2-bed (9 units). 29 units estimated gross income $528,000. Cap rate 5.25%. The seller is also option to build the completed project on request. The floorplan is for reference purposes only and is not final. The new owner will collaborate with the designer to optimize the potential of the lot. Photo is 3D rendering for illustration purpose only

Location

Province AB

Zoning Zone 07

Others

Tax ID 4444402602

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