Courtesy Of Joseph Ingram Of RE/MAX River City

11911 77 Street Nw, Edmonton, AB

$229,000

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1

Bed

1

Bath

1,061

Square feet

About 11911 77 Street Nw

Builders/Investors! — a unique and sophisticated 7-unit project proposal, offering 7 spacious 2-bed 2-bath units that meet the market’s growing demand for contemporary rentals. The lot is zoned RA8 (RM h23) - it's a prime opportunity to buy, build, and add new asset to your portfolio. The clean and straightforward design ensures ease of construction and cost-efficiency, making it ideal for scaling. With Edmonton's Shortage of new rentals - Top rents are paid for a property of this caliber. Adjacent to the City's Exhibition Lands Redevelopment plan, the market potential is significant. This project also falls within CMHC MLI Select program, O.A.C they offer financing with as little as 5% down and up to 50 years of amortization. The property is currently tenanted, collect $1,450/month while working on your permits. Don’t miss out. Pictures are of Artist rendition of proposed building and floor plans.

Features of 11911 77 Street Nw

MLS® # E4406630
Price $229,000
Bedrooms 1
Bathrooms 1.00
Full Baths 1
Square Footage 1,061
Acres 0.00
Year Built 1930
Type Single Family
Sub-Type Residential Detached Single Family
Style 1 and Half Storey

Community Information

Address 11911 77 Street Nw
Area Edmonton
Subdivision Eastwood
City Edmonton
County ALBERTA
Province AB
Postal Code T5B 2G5

Amenities

Amenities Detectors Smoke
Features Detectors Smoke
Parking Over Sized, RV Parking, Single Garage Detached
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Interior Laminate Flooring
Interior Features Dryer, Hood Fan, Refrigerator, Stove-Electric, Washer
Heating Forced Air-1
Fireplace No
# of Stories 2
Has Basement Yes
Basement Unfinished, Part

Exterior

Exterior Vinyl
Exterior Features Flat Site, Playground Nearby, Public Transportation, Schools, Shopping Nearby
Construction Wood Frame

Additional Information

Date Listed September 16th, 2024
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Joseph Ingram Of RE/MAX River City

Listing Map