Edmonton, AB T5E3A3 12318 83 Street
$298,800
Presented By: Courtesy of Mani Bagga of Royal Lepage Magna.
Home Details
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!
Presented By: Courtesy of Mani Bagga of Royal Lepage Magna.
Interior Features for 12318 83 Street
Bedrooms
Total Bedrooms
Bathrooms
Half Baths
Other Interior Features
Fireplace Y/NNo
Heating Y/NNo
Other Rooms
Rooms Above Grade
General for 12318 83 Street
CityEdmonton
DirectionsGo on AB-2 S Take AB-216 E to Yellowhead Hwy W/Yellowhead Trail W Continue on Yellowhead Hwy W/Yellowhead Trail W. Drive to 83 St NW
Elementary SchoolDelton School
Exterior FeaturesFenced, Flat Site, Playground Nearby, Public Transportation, Schools, Shopping Nearby, See Remarks
FULLPrivate
Full Baths
Garage Y/NNo
High SchoolEast Glen School
Home Warranty Y/NNo
Living Area UnitsSquare Feet
MLS AreaEastwood
Middle/Junior High SchoolSpruce Avenue School
ModificationTimestamp2024-11-18T23:09:23.000Z
Property SubtypeVacant Lot/Land
Property TypeResidential
Standard StatusActive
StatusActive
ZoningZone 05
Exterior for 12318 83 Street
Irrigation Water Rights Y/NNo
Lot Size Area689
Additional Details
Schools
High School
East Glen School High School
Middle School
Spruce Avenue School Middle School
Elementary School
Delton School Elementary School