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Real estate on your terms®


Property Description

ONCE IN A LIFETIME OPPORTUNITY half a block from the River Valley and walking distance to LRT & the University of Alberta. Purchase this 50’x100' property in combination with 11223 99 AV NW (SEPARATE LISTING; MUST BE PURCHASER TOGETHER) for a total of 100’ x 100’ (10,000 sq.ft) of prime redevelopment space under the City’s new zoning bylaws. FOUR 1-bedroom/1-bathroom units, with shared coin laundry in the basement, are all currently rented and generate positive income. Property was GUT-RENOVATED in 2017 including electricity, plumbing, furnace and A/C. Tenants pay for their own electricity and each have their own parking stall in the back. Capitalize on spectacular River Valley views. Both 11229 & 11229 are currently rented until you are ready to redevelop this parcel - GET PAID WHILE YOU PLAN! (id:53430)

Building

Property Type:
Fourplex
Building Type:
Fourplex
Year Built:
1925
Stories:
2.0
Bedrooms:
1
Bathrooms (total):
4.0
Basement:
Partially finished, Full

Finished Areas

Interior Size (Total):
2127 square feet

Interior

Appliances:
Washer, Refrigerator, Dishwasher, Stove, Dryer, See remarks

Parking

Spaces:
4
Features:
Stall

Lot / Land

Lot Size:
463.0 square meters
Lot Features:
Corner Site, Flat site, Subdividable lot

Utilities & Mechanical

Heating:
Forced air
Cooling:
Central air conditioning

Views & Waterfront

View:
City view, Valley view

Fees & Dates

Last Modified:
07/09/2026 09:40:10 PM
Status Change:
07/09/2026 09:31:46 PM

Association / Ownership

Common Interest:
Freehold

Room Dimensions

RoomLevelSize
Primary Bedroom Main level -

Location

Click and drag to explore the area
Listing offered by: Royal Lepage Arteam Realty

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