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11739 122 Street
Offered at: $599,900
MLS®: E4414587
Buy & Build "your own" 4 Story apartment for 29 units on a RM h16 zoning "CORNER" lot 50’ * 150’. The site is backing to green space and off leash Park. The site location near Canadian tire & Superstore and public transportation to Kingsway mall. Bachelor (2 units), 1-bed (18 units), 2-bed (9 units). 29 units estimated gross income $528,000. Cap rate 5.25%. The house has "not" been demolished yet. The house has been kept in a good condition. Currently total rent $2250/m. The lease end until July 31, 2025. Buyer can apply mortgage on the property. The seller is also option to build the completed project on request.
Quick Stats
Key Home Data
2
BATH(S)
3
BED(S)
SQFT
YES
SHOWING AVAILABLE
Property Type:
Single Family
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