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!
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Zillow last checked:
Listing updated:
Listed by:
Daniel M Israel,
Royal Lepage Arteam Realty
Source: RAE,MLS®#: E4497788
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 1
Bathrooms: 4
Full bathrooms: 4
Primary bedroom
Level: Main
Heating
Forced Air-1, Natural Gas
Cooling
Air Conditioner, Air Conditioning-Central
Appliances
Included: Dishwasher-Built-In, Dryer, Refrigerator, Electric Stove, Washer, See Remarks
View description: River Valley View, City, Downtown, View City, View Downtown
Has water view: Yes
Water view: River Valley View
Lot
Size: 4,983 Square Feet
Features: Corner Lot, Flat Site, Near Golf Course, Low Maintenance Landscape, Picnic Area, Playground Nearby, Near Public Transit, Schools, Shopping Nearby, Split Possible, Golf Nearby, Public Transportation, Subdividable Lot
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex, 4PLEX
Attached to another structure: Yes
Materials
Foundation: Concrete Perimeter
Roof: Asphalt
Condition
Year built: 1925
Community & HOA
Location
Region: Edmonton
Financial & listing details
Price per square foot: C$611/sqft
Date on market: 7/9/2026
Ownership: Private
Daniel M Israel
Daniel M Israel
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