8146 78 AV NW NW

Key facts

• Property type: Single Family
• Structure: House
• Transaction: For Sale
• Price: $409,000
• Bedrooms: 4
• Bathrooms: 2
• Interior size: 1,255 sqft
• Year built: 1950
• Listing key: 29535175

Listing overview

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 th...