$229,000

House For Sale In Eastwood, Edmonton, Alberta

$229,000
  • 1

    Bedroom

  • 1

    Bath

  • Yes

    Garage

Property Information:

Builders/Investors! — a unique and sophisticated 7-unit project proposal, offering 7 spacious 2-bed 2-bath units that meet the market’s growing demand for contemporary rentals. The lot is zoned RA8 (RM h23) - it's a prime opportunity to buy, build, and add new asset to your portfolio. The clean and straightforward design ensures ease of construction and cost-efficiency, making it ideal for scaling. With Edmonton's Shortage of new rentals - Top rents are paid for a property of this caliber. Adjacent to the City's Exhibition Lands Redevelopment plan, the market potential is significant. This project also falls within CMHC MLI Select program, O.A.C they offer financing with as little as 5% down and up to 50 years of amortization. The property is currently tenanted, collect $1,450/month while working on your permits. Don’t miss out. Pictures are of Artist rendition of proposed building and floor plans.

Building Features:

  • Floor Space: 98.6

Property Features:

  • Bedrooms: 1
  • Bathrooms: 1
  • Amenities/Features: Detectors Smoke
  • Basement: Part
  • Basement Development: Unfinished
  • Building Type: Detached Single Family
  • Built in: 1930
  • Exterior: Vinyl
  • Floor Space (approx): 98.6 Square Metres
  • Flooring: Laminate Flooring
  • Goods Included: Dryer, Hood Fan, Refrigerator, Stove-Electric, Washer
  • Lot Shape: Rectangular
  • Parking: Over Sized, RV Parking, Single Garage Detached
  • Road Access: Paved
  • Site Influences: Flat Site, Playground Nearby, Public Transportation, Schools, Shopping Nearby
  • Style: 1 and Half Storey
  • Title to Land: Fee Simple
  • Heating Type: Forced Air-1

Courtesy of: RE/MAX River City

Data was last updated 2024-09-17 at 20:30

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Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.