For sale
$350,000
11948 88 ST NW,Edmonton,Alberta,T5B3S1
Discover the potential of this spacious 33â?? x 150â?? 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 triplexesâ??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:63409)
PROPERTY SUMMARY
| MLS® # | : | E4444142 |
| Listing price | : | $350,000 |
| Listed on | : | 04-09-2025 |
| Property subtype | : | For sale |
| Square footage | : | 0 sqft |
| Year built | : | 0000 |
| Listing office | : | MaxWell Polaris |
BEDROOM & BATHROOM
| Total bedrooms | : | 0 Bedrooms |
| Total bathrooms | : | 0 Bathrooms |
BUILDING
| Building type | : | |
| Parking | : |
Community location
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