11911 77 ST NW
Edmonton
Update on 2023-07-04 10:05:04 AM
$ 229,000
1
BEDROOMS
1 + 0
BATHROOMS
1061
SQUARE FEET
1930
YEAR BUILT
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.
COMMUNITY | |
TYPE | Residential |
STYLE | 1 and Half Storey |
YEAR BUILT | 1930 |
SQUARE FOOTAGE | 1061.3 |
BEDROOMS | 1 |
BATHROOMS | 1 |
BASEMENT | Partial, Unfinished |
FEATURES |
GARAGE | Yes |
PARKING | |
ROOF | Asphalt Shingles |
LOT SQFT | 0 |
ROOMS | DIMENSIONS (m) | LEVEL |
---|---|---|
Master Bedroom | ||
Second Bedroom | ||
Third Bedroom | ||
Dining Room | ||
Family Room | ||
Kitchen | ||
Living Room |
INTERIOR
EXTERIOR
Broker
RE/MAX River City
Agent
Joseph G Ingram