Builders/Investors! a unique and sophisticated 7-unit project proposal, offering 7 spacious 2-bed 2-bath units that meet the markets growing demand for contemporary rentals. The lot is zoned RA8 (RM h23) - it's a prime opportunity to buy, build, and add new asset to your portfolio. The clean and straightforward design ensures ease of construction and cost-efficiency, making it ideal for scaling. With Edmonton's Shortage of new rentals - Top rents are paid for a property of this caliber. Adjacent to the City's Exhibition Lands Redevelopment plan, the market potential is significant. This project also falls within CMHC MLI Select program, O.A.C they offer financing with as little as 5% down and up to 50 years of amortization. The property is currently tenanted, collect $1,450/month while working on your permits. Dont miss out. Pictures are of Artist rendition of proposed building and floor plans. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
1
Bathrooms
1
Amenities Nearby
Playground, Public Transit, Schools, Shopping
Features
Flat site
Listing Contract Date
2024-09-16
Municipal ID
ZZ999999999
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Building
Appliances
Dryer, Hood Fan, Refrigerator, Stove, Washer
Basement Development
Unfinished
Basement Type
Partial (Unfinished)
Constructed Date
1930
Construction Style (Attachment)
Detached
Fire Protection
Smoke Detectors
Heating Type
Forced air
Stories Total
1.5
Type
House
Rooms
Room
Level
Dimensions
Notes
Primary Bedroom
Main level
Measurements not available
Parking Spaces
Name
Spaces
Oversize
RV
Detached Garage
Land
Amenities
Playground, Public Transit, Schools, Shopping
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