Courtesy Of Peter Chen Of MaxWell Polaris
About 11739 122 St Nw Nw
Buy & Build potential up to 4 Story apartment for a 29 units on a RM h16 zoning "CORNER" lot 49.9’ * 150’(140'). The site is backing to green space and off leash Park. The site location near Canadian tire & Superstore and public transportation to Kingsway mall. Bachelor (2 units), 1-bed (18 units), 2-bed (9 units). 29 units estimated gross income $528,000. Cap rate 5.25%. The house has "not" been demolished yet. The house has been kept in a good condition. Currently total rent $2250/m. The lease end until July 31, 2025. Buyer can apply mortgage on the property. The seller is also option to build the completed project on request. The floorplan is for reference purposes only and is not final. The new owner will collaborate with the designer to optimize the potential of the lot.
Features of 11739 122 St Nw Nw
| MLS® # | E4414623 |
|---|---|
| Price | $599,900 |
| Square Footage | 1,269 |
| Acres | 0.00 |
| Year Built | 1950 |
| Type | Multi-Family Commercial |
Community Information
| Address | 11739 122 St Nw Nw |
|---|---|
| Area | Edmonton |
| Subdivision | Inglewood_EDMO |
| City | Edmonton |
| Province | AB |
| Postal Code | T5M 0B6 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Construction | Wood Frame |
|---|
Additional Information
| Date Listed | November 25th, 2024 |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Peter Chen Of MaxWell Polaris |
|---|