Exceptional TURNKEY PRIME LOCATION multi family DEVELOPMENT OPPORTUNITY in the desired Wellington community. This fully APPROVED 7 PLEX CORNER LOT is construction ready, providing a streamlined path to development while reducing timelines, costs and risk. Extensive due diligence has been completed, including land survey, geotechnical report and asbestos remediation. The property includes fully APPROVED demolition and building development PERMITS, site plan, professional landscaping design, and complete professional architectural drawings with renderings. An appraised completed value (3.4M) is available, making this an excellent candidate for MLI SELECT CMHC financing. Situated on a 50 x 124 corner lot with rear alley access, the site offers excellent design flexibility, strong curb appeal and added privacy, supporting long term tenant retention and premium rents. Located in a family friendly area close to parks, schools and major amenities. A rare shovel ready investment* asset in a strong rental market.
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Zillow last checked:
Listing updated:
Listed by:
Ben Yovel,
Exp Realty
Source: RAE,MLS®#: E4482243
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Primary bedroom
Level: Main
Heating
Forced Air-1, Natural Gas
Appliances
Included: See Remarks
Features
Flooring: Laminate Flooring
Basement: Full, Finished
Interior area
Total structure area: 1,144
Total interior livable area: 1,144 sqft
Property
Parking
Total spaces: 2
Parking features: Double Garage Detached
Garage spaces: 2
Features
Levels: Bi-Level,2
Patio & porch: Deck
Exterior features: Playground Nearby
Lot
Size: 5,995 Square Feet
Dimensions: Approved 7 ple x site
Features: Corner Lot, Flat Site, Near Golf Course, Playground Nearby, Near Public Transit, Schools, Shopping Nearby, Golf Nearby, Public Transportation
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Foundation: Concrete Perimeter
Roof: Asphalt
Condition
Year built: 1971
Community & HOA
Community
Features: Deck
Location
Region: Edmonton
Financial & listing details
Price per square foot: C$350/sqft
Date on market: 4/14/2026
Ownership: Private
Ben Yovel
Ben Yovel
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