Courtesy Of Harmehak Dhawan Of Sterling Real Estate

12243 107st Nw, Edmonton

$239,000

0 Beds
0 Baths
.14 Acres
0 Parking Spaces

Tremendous investment opportunity for investors in most desirable neighbourhood of Westwood close to NAIT, Blatchford, Royal Alexandra hospital and quick access to Yellowhead, downtown & Grant Macewan. The lot is 41ft x 150ft lot and you can build a front and back duplex with a legal basement suite + garden suite and take advantage of CMHC MLI program 5% down payment on a 5-unit building. Duplexes floor plans are already in place . These properties can also create great cash flow if you rent a garden suite – $2500/month, duplex 3 beds -$2450/month X2 and basement suite - $1300/month X2 with income of 120K yearly. New units will have low maintenance cost.Buyer avoids demo, disposal, and potential asbestos costs.

Essential Information
MLS® #E4384166
Price$239,000
Bathrooms0.00
Acres0.14
TypeSingle Family
Sub-TypeVacant Lot/Land
Style2 Storey
Community Information
Address12243 107st Nw
AreaEdmonton
SubdivisionWestwood_EDMO
CityEdmonton
CountyALBERTA
StateAB
Zip CodeT5G 2S9
Exterior
Exterior FeaturesSee Remarks
Additional Information
Date ListedApril 25th, 2024
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Listing information last updated on May 7th, 2024 at 7:16am MDT.