Edmonton, AB T5B3S1,11948 88 ST NW
Edmonton, AB T5B3S1,11948 88 ST NW
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$350,000
Est. payment /mo
4,994 Sqft Lot
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Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Eastwood

MLS® Listing ID E4444142

Lot Size 4,994 Sqft

Acres 0.114647016

Property Sub-Type Freehold

Source REALTORS® Association of Edmonton

Property Description

Discover the potential of this spacious 33' x 150' corner lot located in the rapidly transforming central community of Eastwood. Surrounded by a wave of infill development, the area is home to new duplexes, skinny homes, fourplexes, and triplexes—making this an ideal investment for builders and developers. Directly across the street is a cash-flow positive 8-plex, highlighting the strong rental demand and income potential in the area. With the ability to build up to 6 units, this property may also qualify for the CMHC MLI Select program, offering added financial incentives for the right project. Seller is open to a JV with a builder. An older, boarded-up home currently sits on the lot. Whether you're looking to build and hold, or sell upon completion, this is an exceptional opportunity in a growing urban neighborhood. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N Yes

View City view

Private Pool No

Others

Ownership Freehold


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Julia Anderson

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11948 88 ST NW