11229 99 Av NW
Wîhkwêntôwin · Edmonton, AB T5K 0G9
MLS® E4497788 · Listing courtesy of Royal Lepage Arteam Realty
$1,300,000 list price · 1 bedrooms · 4 bathrooms · 2,127 sq ft · Fourplex
What it costs to own
- List price
- $1,300,000
- Down payment (10%)
- $130,000
- Mortgage
- $1,170,000
- Rate · amortization
- 4.34% · 25 years
- Principal & interest
- $6,397/mo
Principal and interest only. Property tax, insurance, utilities, condo fees and maintenance are extra.
About this home
ONCE IN A LIFETIME OPPORTUNITY half a block from the River Valley and walking distance to LRT & the University of Alberta. Purchase this 50’x100' property in combination with 11223 99 AV NW (SEPARATE LISTING; MUST BE PURCHASER TOGETHER) for a total of 100’ x 100’ (10,000 sq.ft) of prime redevelopment space under the City’s new zoning bylaws. FOUR 1-bedroom/1-bathroom units, with shared coin laundry in the basement, are all currently rented and generate positive income. Property was GUT-RENOVATED in 2017 including electricity, plumbing, furnace and A/C. Tenants pay for their own electricity and each have their own parking stall in the back. Capitalize on spectacular River Valley views. Both 11229 & 11229 are currently rented until you are ready to redevelop this parcel - GET PAID WHILE YOU PLAN! (id:66555)
Property details
Property
- Style
- Fourplex
- Year built
- 1925
- Living area
- 2,127 square feet
- MLS® number
- E4497788
Interior
- Bedrooms
- 1
- Bathrooms
- 4
- Basement
- Partially finished, Full
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, See remarks
Systems
- Heating
- Forced air
Parking
- Parking
- Stall
City assessment
- Assessed value
- $755,500 (2025)
- Assessment class
- Other Residential
Lot & site
- Lot size
- 463 m² (4,984 sq ft)
- Lot features
- Corner Site, Flat site, Subdividable lot
- Site influences
- Corner Site, Flat site, Subdividable lot
- Community
- Wîhkwêntôwin
Rooms
Main level
- Primary Bedroom—
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Listing courtesy of Royal Lepage Arteam Realty. Listing data is provided under copyright by the REALTORS® Association of Edmonton via the CREA Data Distribution Facility (DDF®). Information is deemed reliable but is not guaranteed accurate by CREA, the board, or Padster, and should be independently verified. Not intended to solicit properties currently listed for sale.