Listed by Daniel M. Israel, Royal Lepage Arteam Realty
Listing 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:66704)
Property Summary
Property Type
Single Family
Building Type
Fourplex
Storeys
2
Square Footage
2,127 sqft
Neighbourhood
Wîhkwêntôwin
Title
Freehold
Land Size
463.00 m²
Built
1925
Property Details
Interior Features
Appliances Included
Dishwasher, Dryer, Refrigerator, Stove, Washer, See Remarks
Basement Type
Full (partially Finished)
Fireplace
No
Building Features
Features
Corner Site, Flat Site, Subdividable Lot
Construction Style
Attached
Heating & Cooling
Heating Type
Forced Air
Cooling Type
Central Air Conditioning
Neighbourhood Features
Amenities Nearby
Golf Course, Playground, Public Transit, Schools, Shopping
Additional Details
Basement Development
Partially Finished
Parking Space Total
4
Measurements
Square Footage
2,127 Sqft
Rooms
Lot Features
View
Valley View, City View
Additional Land Details
Acreage
No
Land Amenities
Golf Course, Playground, Public Transit, Schools, Shopping
