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PRIYA SHARMA
Century 21 Signature Realty
#207, 2920 Calgary Trail NW, Edmonton, Alberta
P: 780-485-2100
F: 780-485-2180
Email

Listing Details


Courtesy of Andre Bharrat of Century 21 Signature Realty.
Data last updated 5:16 PM, July 13, 2017
$264,800

11942 81 ST NW   Edmonton, AB

MLS®: E4060600
URL:    
AMAZING OPPORTUNITY!! Multiple ways to take advantage of this opportunity! Zoned RA7. Most of the street has apartment buildings on both sides of the road. Lot is approximately 696.11 m2; 15.2m wide x 45.7m deep (49.87' x 149.93'). Property has a separate entrance on the front side of the building that leads to a 2 bedroom upper level suite. Income source from the upper level suite, once owner leaves there will be room for a 2nd income source.. Looking at the income potential this property is easily underpriced (if you are doing your own Management) you would yield an approximate Cap Rate of: 7.1%+ (NOI of $18,800+; Cash-Flow: $520+/mnt.) When you get the itch to build and you're finally ready - time for redevelopment!    This property is near the Coliseum LRT Station, bus stops nearby, close to Fort Road, not far from Downtown or Yellowhead Trail. A lot of restaurants & shops nearby - this is a central location where commuting is easy whether you are traveling by foot or by car. Your Investment is HERE!
AMAZING OPPORTUNITY!! Multiple ways to take advantage of this opportunity! Zoned RA7. Most of the street has apartment buildings on both sides of the road. Lot is approximately 696.11 m2; 15.2m wide x 45.7m deep (49.87' x 149.93'). Property has a separate entrance on the front side of the building that leads to a 2 bedroom upper level suite. Income source from the upper level suite, once owner leaves there will be room for a 2nd income source.. Looking at the income potential this property is easily underpriced (if you are doing your own Management) you would yield an approximate Cap Rate of: 7.1%+ (NOI of $18,800+; Cash-Flow: $520+/mnt.) When you get the itch to build and you're finally ready - time for redevelopment! This property is near the Coliseum LRT Station, bus stops nearby, close to Fort Road, not far from Downtown or Yellowhead Trail. A lot of restaurants & shops nearby - this is a central location where commuting is easy whether you are traveling by foot or by car. Your Investment is HERE!

Listing Information

Prop. Type:
Single Family
Property Style:
Bungalow Semi
Status:
Active
City:
Edmonton
MLS® Number:
E4060600
Bedrooms:
3
Full Bathrooms:
2
Half Bathrooms:
1
Neighbourhood:
Eastwood
Area:
Edmonton
Province:
AB
Listing Price:
$264,800

General Information

Total Square Feet:
1265ft2
Year Built:
1914
Total Floor Area:
1265 ft2
Finished Levels:
3
Lot Size:
7493 ft2
Frontage:
49'11"
Lot Shape:
Rectangular
Front Exposure:
East
Rooms Above Grade:
6

Additional Information

Heating Type:
Forced Air-1
Heating Fuel:
Natural Gas
Construction:
Wood Frame
Foundation:
Concrete
Basement:
Full
Roof Type:
Asphalt Shingles
Fireplace:
Mantel
Fireplaces Fueled By:
Wood
Basement Dev:
Partly Finished
Flooring:
Hardwood, Laminate Flooring, Non-Ceramic Tile
Exterior:
Stucco, Wood
Parking:
Rear Drive Access, Single Carport

Other Information

Site Influences:
Back Lane, Playground Nearby, Schools

VIP-Only Information

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This property is listed by Andre Bharrat of Century 21 Signature Realty and provided here courtesy of PRIYA SHARMA . For more information or to schedule a viewing please contact PRIYA SHARMA .
PRIYA SHARMA
Century 21 Signature Realty
Phone: 780-485-2100
Mobile Phone: 780-298-2100
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
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PRIYA SHARMA
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TelephoneOffice Phone:
780-485-2100
TelephoneMobile Phone:
780-298-2100
TelephoneFax:
780-485-2180
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. Data last Updated: Fri, 21 Jul 2017 04:29:22 America/Edmonton
This site's content is the responsibility of PRIYA SHARMA , licensed REALTOR® in the Province of Alberta.
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The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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