Property Type

Single Family

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! (id:6769)

Rooms Dimension

Listing Agent

Daniel M. Israel
(780) 905-9747

Brokerage

Royal Lepage Arteam Realty
(780) 456-5656

Disclaimer:

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Listing data last updated date: 2026-07-18 02:45:20