11948 88 St Nw Nw, Edmonton, Alberta T5B 3S1

Listed for:
$299,900
0 beds
0 baths
Listed 207 days ago
No Building for rent: 11948 88 St Nw Nw, Edmonton, Alberta T5B 3S1

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Learn more about this property
Listing provided by:
MaxWell Polaris
MLS® number:
E4364381
Agent:
Bikram S. Bathh
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About

33X150 Corner lot in the central community of Eastwood. The neighbourhood is seeing a ton of infill development including some side by side duplex, skinny homes, fourplex and triplexes on corner lots. There is a cash flow positive 8plex just across from this lot. Endless opportunities for the right investor/builder. Seller is open to Joint-venture opportunities as well and is willing to carry the mortgage while the project is being built. Currently has an old house on the lot which can be cleared off by the seller. This lot can build upto 6 units that can qualify for the CMHC MLI Select program. (id:27476)

Property Highlights

Type
No Building
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby
Schools, Shopping

Location

Summary

This corner lot property in the central community of Eastwood offers a prime location with nearby amenities such as schools and shopping. The ownership type of this property is Freehold, providing the owner with full control and ownership rights.

Measuring 33X150, this lot is situated in a neighborhood experiencing significant infill development, including side by side duplexes, skinny homes, fourplexes, and triplexes on corner lots. Across from this lot, there is a cash flow positive 4plex, indicating the potential for a lucrative investment. The seller is open to joint-venture opportunities and is willing to carry the mortgage while the project is being built, offering flexibility for the right investor or builder. Additionally, there is an old house on the lot that can be cleared off by the seller, paving the way for new construction and development.

Currently listed for sale, this property boasts a land size of 463.96 m2 and is conveniently located on 11948 88 ST NW NW in the city of Edmonton, Alberta. The area is well-equipped with essential land amenities, including schools and shopping, making it an attractive prospect for potential buyers or investors. The postal code for this property is T5B3S1, further solidifying its location in the vibrant city of Edmonton.