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
| Room | Level | Size |
|---|---|---|
| Primary Bedroom | Main level | - |
| Bedroom 2 | Lower level | - |
| Bedroom 3 | Upper Level | - |
| Bedroom 4 | Upper Level | - |
Location
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