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Descriptions:
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.
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| Includes: |
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Dryer, Refrigerator, Stove-Electric, Washer |
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| Site Influences: |
| Landscaped, Public Transportation |
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| Legal Description: |
| ACCESS Legal Description |
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| Location & Listing Info: |
| Neighbourhood: |
King Edward Park
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| Lot Shape: |
Rectangular |
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| Property Info: |
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| Property Type: |
Detached Single Family |
| Home Style: |
1 and Half Storey |
| Year Built: |
1950 |
| Total Floor Area: |
1,255 sq. ft. |
| Front Exposure: |
South
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| Exterior: |
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| Exterior: |
Landscaped, Public Transportation |
| Front Exposure: |
South |
| Roof: |
Asphalt Shingles |
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| Rooms: |
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| Total Bedrooms: |
4
(Bedrooms Above: 3)
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| Bathrooms: |
Full: 2
/ Half: 0
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| Rooms Above: |
3 |
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| Additional Info: |
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| Heating: |
Y |
| Basement: |
Full, Finished |
| Basement Type: |
Full, Finished |
| Floor Finish: |
Ceramic Tile, Hardwood, See Remarks |
| Parking: |
Double Garage Detached |
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Contact MAX BORRELLI -
11058-51 AV, Edmonton, Alberta, T6H 0L4
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Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated May 28, 2026, 11:30 am. |
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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