Discover the potential of this spacious 33’ x 150’ corner lot located in the rapidly transforming central community of Eastwood. Surrounded by a wave of infill development, the area is home to new duplexes, skinny homes, fourplexes, and triplexes—making this an ideal investment for builders and developers. Directly across the street is a cash-flow positive 8-plex, highlighting the strong rental demand and income potential in the area. With the ability to build up to 6 units, this property may also qualify for the CMHC MLI Select program, offering added financial incentives for the right project. Seller is open to a JV with a builder. An older, boarded-up home currently sits on the lot. Whether you're looking to build and hold, or sell upon completion, this is an exceptional opportunity in a growing urban neighborhood. (id:57557)
| MLS® Number | E4444142 |
| Property Type | Vacant Land |
| Neigbourhood | Eastwood |
| Amenities Near By | Schools, Shopping |
| Features | Corner Site, See Remarks, Subdividable Lot |
| View Type | City View |
| Type | No Building |
| Acreage | No |
| Land Amenities | Schools, Shopping |
| Size Irregular | 463.96 |
| Size Total | 463.96 M2 |
| Size Total Text | 463.96 M2 |
https://www.realtor.ca/real-estate/28517009/11948-88-st-nw-edmonton-eastwood
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. 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. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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