8146 78 Avenue NW, Edmonton, AB, T6C0N4

Property Details: - Type: House/Single Family - Bedrooms: 4 - Bathrooms: 2 - MLS#: E4479770 Listed By: ALTA-PRO REALTY

Prime Redevelopment Opportunity Near the U of A! Explore the potential of this 42 x 130 ft lot, offering flexibility with Small Scale Residential (RS) zoning. This property allows for various uses, from multi-unit residential to some commercial options. Key features of this property: Strategic Location: Located in a sought-after area with easy access to amenities, Whyte Avenue, and the University of Alberta, which is a factor in rental demand. Rental Income: The property currently earns $2,300/month in rental income on a flexible, month-to-month arrangement. This is a plus, especially while you await your permits.. This is a plus, especially while you waiting for your permits. Development Potential: The lot size and zoning are suitable for various development ideas, such as a multi-suite project or a custom residence with additional income potential. This property is a good option for those looking to build a multi-unit rental or a primary home with a secondary suite. The seller has a drawing for 6-plex. (id:65070) This house/single family home located at 8146 78 Avenue Nw, Edmonton is currently for sale and has been available on Zolo.ca for 4 days. This property is listed at $409,000 with an estimated mortgage of $1,505* per month. It has 4 beds and 2 bathrooms. The property was built in 1950. 8146 78 Avenue Nw, Edmonton is in the King Edward Park neighborhood Edmonton. Avonmore, Idylwylde and Bonnie Doon are nearby neighborhoods.