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Buy & Build potential up to 4 Story apartment for a 29 units on a RM h16 zoning CORNER lot 49.9 * 150(140'). The site is backing to green space and off leash Park. The site location near Canadian tire & Superstore and public transportation to Kingsway mall. Bachelor (2 units), 1-bed (18 units), 2-bed (9 units). 29 units estimated gross income $528,000. Cap rate 5.25%. The seller is also option to build the completed project on request. The floorplan is for reference purposes only and is not final. The new owner will collaborate with the designer to optimize the potential of the lot. (id:58356)
| MLS® Number | E4414623 |
| Property Type | Vacant Land |
| Neigbourhood | Inglewood (Edmonton) |
| Constructed Date | 1950 |
| Size Interior | 1300 Sqft |
| Acreage | No |
| Size Irregular | 7448.76 |
| Size Total | 7448.76 Sqft |
| Size Total Text | 7448.76 Sqft |
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals 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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