Primary on Main
Address
8146 78 Av Nw, Edmonton, AB
Price
$ 379,000
Property Attributes
- ID#E4499646
- TypeSingle Family
- Listing Status Active
- CityEdmonton
- AreaEdmonton
- NeighbourhoodKing Edward Park
- Postal CodeT6C 0N4
- Style1 and Half Storey
- Year Built1950
- Price$ 379,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1254
Data Source:
REALTORS® Association Of Edmonton - RAE
Property Description
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.
General Features
| Living Area | 1254.87 |
|---|---|
| Heating | Forced Air-1,Natural Gas |
| Roof | Asphalt Shingles |
| Appliances | Dryer,Refrigerator,Stove-Electric,Washer |
| Zoning | Zone 17 |
| Architectural Style | 1 and Half Storey |
| Construction Materials | Wood |
| Year Built | 1950 |
| Levels | 3 |
| Property Subtype | Detached Single Family |
| Ownership | Private |
| Parcel Number | 0014358899 |
| Community Features | Vaulted Ceiling |
| Property Type | Residential |
| Facing Direction | South |
| Garage Y/N | true |
| Full Baths | 2 |
| Status | Active |
| City | Edmonton |
| MLS Area | King Edward Park |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Lot Shape | Rectangular |
| Restrictions | Caveat on Title |
| Primary Property Type | Single Family |
| Separate Entrance | true |
| Legal Block | 38 |
| Title to Land | Fee Simple |
Interior Features
| Basement | Full,Finished |
|---|---|
| Flooring | Ceramic Tile,Hardwood,See Remarks |
| Heating Y/N | true |
| Total Bedrooms | 4 |
| Grade Level Entry Y/N | No |
Exterior Features
| Exterior Amenities | Landscaped,Public Transportation |
|---|---|
| Parking Features | Double Garage Detached |
| Foundation Details | Concrete Perimeter |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in T6C 0N4
Statistics provided by Inside Real Estate
Price
Year Built
In The Neighbourhood
Primary On Main
Edmonton
$ 479,000
- Type
- Single Family
Listed by Eric Wang of Homes & Gardens Real Estate Limited
Primary On Main
Edmonton
$ 379,900
- Type
- Single Family
Listed by Dana M Bradley of Royal Lepage Arteam Realty
Primary On Main
Edmonton
$ 435,000
- Type
- Single Family
Listed by Jeneen L Marchant of RE/MAX Real Estate