12344 80st NW
Tremendous investment opportunity for investors in community of Elmwood park with lot of new infills and family friendly neighbourhood. This lot is 33ft 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 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.
Courtesy of Harmehak Dhawan of Sterling Real Estate | |
12344 80st NW | |
Single Family | |
Vacant Lot/Land | |
2 Storey | |
$219,000 | |
Edmonton | |
Elmwood Park | |
E4384168 | |
0 | |
0 | |
4,951.40 | |
T5B 2P6 | |
See Remarks | |