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Descriptions:
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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| Site Influences: |
| Back Lane, Corner Lot, Flat Site, Golf Nearby, Playground Nearby, Public Transportation, Schools, Shopping Nearby |
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| Legal Description: |
| ACCESS Legal Description |
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| Location & Listing Info: |
| Neighbourhood: |
Wellington
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| Lot Shape: |
Rectangular |
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| Property Info: |
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| Property Type: |
Detached Single Family |
| Home Style: |
Bi-Level |
| Year Built: |
1971 |
| Total Floor Area: |
1,144 sq. ft. |
| Front Exposure: |
South
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| Exterior: |
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| Exterior: |
Back Lane, Corner Lot, Flat Site, Golf Nearby, Playground Nearby, Public Transportation, Schools, Shopping Nearby |
| Front Exposure: |
South |
| Roof: |
Asphalt Shingles |
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| Rooms: |
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| Total Bedrooms: |
3
(Bedrooms Above: 3)
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| Bathrooms: |
Full: 2
/ Half: 0
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| Rooms Above: |
4 |
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| Additional Info: |
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| Heating: |
Y |
| Basement: |
Full, Finished |
| Basement Type: |
Full, Finished |
| Floor Finish: |
Laminate Flooring |
| Parking: |
Double Garage Detached |
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Contact Curtis Leibel -
11058 51 AV, Edmonton, Alberta, T6H 0L4
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Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated April 19, 2026, 3:20 am. |
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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