11229 99 Avenue, Edmonton, AB T5K 0G9

Courtesy of Daniel M Israel of Royal Lepage Arteam Realty.

$1,300,000
1
BD
4
BA
2,126
SqFt

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List Price
$1,300,000
MLS® #
E4497788
Bedrooms
1
Bathrooms
4
Year Built
1925
Region
Edmonton
Community
Whkwntwin

Property Description

ONCE IN A LIFETIME OPPORTUNITY half a block from the River Valley and walking distance to LRT & the University of Alberta. Purchase this 50’x100' property in combination with 11223 99 AV NW (SEPARATE LISTING; MUST BE PURCHASER TOGETHER) for a total of 100’ x 100’ (10,000 sq.ft) of prime redevelopment space under the City’s new zoning bylaws. FOUR 1-bedroom/1-bathroom units, with shared coin laundry in the basement, are all currently rented and generate positive income. Property was GUT-RENOVATED in 2017 including electricity, plumbing, furnace and A/C. Tenants pay for their own electricity and each have their own parking stall in the back. Capitalize on spectacular River Valley views. Both 11229 & 11229 are currently rented until you are ready to redevelop this parcel - GET PAID WHILE YOU PLAN!

Additional Information

Parking Spaces
4

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