9818 81 Avenue|Edmonton, Alberta T6E1W3

MLS Number: A2274145

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: N/A • Bathrooms: N/A • Building Type: Multi-Family • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: N/A • Parking Spaces: N/A

Description: Prime Ritchie Infill - Fully Approved 5-Plex Development, located just off Whyte Ave. Approved for a 5-plex multi-unit building — all major approvals and prep work done: demolition, footing & foundation, development and building permits approved; asbestos removed with clearance certificate; utilities disconnected. Existing house remains until excavation. The 5-plex presents as a two-storey home from the street with four units behind; all main living areas above grade. This was approved before City Council reduced the allowable footprint for multi-unit infill projects in Edmonton. Under today’s rules, this exact building form would be very difficult to get approved again, making this truly one-of-a-kind. Highlights: commercial appraisal projecting $1.86M, full architectural drawings, professional survey, high demand rental area, potential for CMHC-insured financing and perfect for investors, builders or anyone ready to get a head start on multi-family. (31441973)

Agent Information: • Agents: Erin Holowach • Contact: 877-888-3131 • Brokerage: ComFree

Time on Realtor: 4 days ago