Courtesy Of Mani Bagga of Royal Lepage Magna

12318 83 ST NW

Vacant Lot/Land For Sale in Eastwood, Edmonton

$298,800
Welcome to Eastwood! This 15.1 m x 45.8 m (50 feet frontage x 150 feet deep) lot is ready to start your project right away! The current seller has invested over $35,000 in demolition and lot preparation, including asbestos inspections and demolition clearances. Development potential includes two side-by-side "skinny" homes . Each with a fully finished basement and the option to add a suite above the garage. This allows for three units per property, providing great rental income potential! Build a fourplex above ground with legal basement suites for a total of 8 units. This is a high-yield opportunity perfect for the CMHC program, supporting affordable housing & investment. With its central location and rental-friendly zoning, this property is ideal for those looking to generate rental income.Whether you’re interested in building and selling, renting, or living in one unit and renting out others, this lot offers the flexibility to meet various investment goals. Close to schools, transportation & shopping!
Address 12318 83 ST NW
List Price $298,800
Property Type Single Family
Type of Dwelling Vacant Lot/Land
Area Edmonton
Sub-Area Eastwood
Lot Size 7416.33 Sq. Ft.
MLS® Number E4413954
Listing Brokerage Royal Lepage Magna
Postal Code T5E 3A3
Site Influences Fenced, Flat Site, Playground Nearby, Public Transportation, Schools, Shopping Nearby, See Remarks

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Nancy Stratton

Re/Max Elite

302-5083 Windermere Blvd Edmonton AB T6W0J5

Office: 780-263-5481

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