11948 88 ST NW Active Save Request In-Person Tour Request Virtual Tour
Edmonton,AB T5B 3S1
Key Details
Property Type Vacant Land
Sub Type Vacant Lot/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID E4444142
Lot Size 4,994 Sqft
Acres 0.11464295
Property Sub-Type Vacant Lot/Land
Property Description
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.
Location
Province AB
Zoning Zone 05
Exterior
Exterior Feature Corner Lot,Schools,Shopping Nearby,Subdividable Lot,View Downtown,See Remarks
Others
Tax ID 0015292014
Ownership Agent/Seller has Interest,Private