Courtesy Of Harmehak Dhawan Of Sterling Real Estate.
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.
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MLS® #E4385890
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MLS® #E4385891
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Investors And Builders! 33x122 Vacant Corner Lot In Downtown Edmonton. Zoning Rmh16 Or Ra7 Will Allow For A 4 Story Build. Great Location Great Lot And A Great Price
Listing information last updated on May 8th, 2024 at 2:47pm MDT.
