Key Facts
- MLS® #: E4414623
- Property ID: SIRC2211996
- Property Type: Residential, Other
- Lot Size: 0.17 ac
- Year Built: 1950
- Listed By:
- MaxWell Polaris
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
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Location
11739 122 Street, Edmonton, Alberta, T5M 0B6 Canada
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