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Real estate on your terms®


Property Description

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:53430)

Building

Property Type:
House
Building Type:
House
Year Built:
1950
Stories:
1.5
Bedrooms:
4
Bathrooms (total):
2.0
Basement:
Finished, Full

Finished Areas

Interior Size (Total):
1255 square feet

Interior

Appliances:
Washer, Refrigerator, Stove, Dryer

Parking

Features:
Detached Garage

Utilities & Mechanical

Heating:
Forced air

Fees & Dates

Last Modified:
07/18/2026 12:00:04 PM
Status Change:
07/18/2026 11:51:52 AM

Association / Ownership

Common Interest:
Freehold

Room Dimensions

RoomLevelSize
Primary Bedroom Main level -
Bedroom 2 Lower level -
Bedroom 3 Upper Level -
Bedroom 4 Upper Level -

Location

Click and drag to explore the area
Listing offered by: Alta-Pro Realty

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