DEVELOPMENT OPPORTUNITY! 56’x150’ lot with Neighbouring Property to North (10955) also listed FOR SALE (56’x150’). Both lots have RF1 zoning which has permitted uses for: DUPLEX HOUSING, GARDEN SUITES, SEMI-DETACHED HOUSING, SINGLE DETACHED HOUSING. Many options! Build a Side-by-Side Duplex with Legal Suites & a GARAGE SUITE! SUBDIVIDABLE LOT could be divided a few ways: two lots as a 25’x150’ and 31’x150’ or two 28’x150’ lots. Subdividing as a 28’ wide lot provides a Single-Family home width of 20’ which is 3’ larger than your average Skinny Infill Home. Side-By-Side Duplex could have a width of 48’ which would provide 24’ of width per side. This creates a wide sprawling floor plan and allows for a great sized basement suite on each side. Close to Kingsway & Westmount Mall, Brewery District, Nait & MacEwan University. Location will provide investors with amazing rental CASHFLOW whether you’re renting to Students, Downtown Professionals or setting up as an Airbnb. Live in one side & rent out the rest!
| Address |
10951 116 ST NW |
| List Price |
$319,900 |
| Property Type |
Single Family |
| Type of Dwelling |
Detached Single Family |
| Style of Home |
Bungalow |
| Area |
Edmonton |
| Sub-Area |
Queen Mary Park |
| Bedrooms |
4 |
| Bathrooms |
2 |
| Floor Area |
1,096 Sq. Ft. |
| Lot Size |
8394.67 Sq. Ft. |
| Year Built |
1950 |
| MLS® Number |
E4357825 |
| Listing Brokerage |
YEGPro Realty
|
| Basement Area |
FULL |
| Postal Code |
T5H 3M7 |
| Site Influences |
Level Land, Paved Lane, Playground Nearby, Public Transportation, Schools, Shopping Nearby, Subdividable Lot, See Remarks |
