Arun Rahul Group

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8146 78 AV NW, Edmonton
8146 78 AV NW, Edmonton
8146 78 AV NW, Edmonton

8146 78 AV NW, Edmonton, Alberta

$379,000
4
Beds
2.0
Baths
1,255
Square feet

About 8146 78 AV NW

Prime Redevelopment Opportunity Near the U of A! Explore the potential of this 42 x 130 ft lot, offering flexibility with Small Scale Residential (RS) zoning. This property allows for various uses, from multi-unit residential to some commercial options. Key features of this property: Strategic Location: Located in a sought-after area with easy access to amenities, Whyte Avenue, and the University of Alberta, which is a factor in rental demand. Rental Income: The property currently earns $2,300/month in rental income on a flexible, month-to-month arrangement. This is a plus, especially while you await your permits.. This is a plus, especially while you waiting for your permits. Development Potential: The lot size and zoning are suitable for various development ideas, such as a multi-suite project or a custom residence with additional income potential. This property is a good option for those looking to build a multi-unit rental or a primary home with a secondary suite. The seller has a drawing for 6-plex. (id:66920)

Key Features

  • Washer
  • Refrigerator
  • Stove
  • Dryer
  • Detached Garage
  • Forced air
  • House
Arun Verma
Arun Verma
Real Estate Associate, Founder & Lead Partner
Cell: +1 403-831-7931 VIEW REALTOR® PROFILE

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Estimated monthly payment
$1,772
/month · principal + interest

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Listing courtesy of REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
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