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:53676)
| Bathroom Total | 2 | Bedrooms Total | 4 |
| Appliances | Dryer, Refrigerator, Stove, Washer | Basement Development | Finished |
| Basement Type | Full (finished) | Ceiling Type | Vaulted |
| Constructed Date | 1950 | Construction Style Attachment | Detached |
| Heating Type | Forced Air | Stories Total | 2 |
| Size Interior | 1255 Sqft | Type | House |
| Detached Garage |
| Acreage | No | Land Amenities | Public Transit |
| Level | Type | Dimensions |
|---|---|---|
| Lower Level | Bedroom 2 | Measurements not available |
| Main Level | Primary Bedroom | Measurements not available |
| Upper Level | Bedroom 3 | Measurements not available |
| Upper Level | Bedroom 4 | Measurements not available |
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