12243 107 St Nw, Edmonton

Tremendous investment opportunity for investors in most desirable neighbourhood of Westwood close to NAIT, Blatchford, Royal Alexandra hospital and quick access to Yellowhead, downtown & Grant Macewan. The lot is 41ft 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 also 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. (id:1945)