Courtesy of Laasha Atley of RE/MAX River City

10150 159 Street
Zone 21 Edmonton T5P 2Z9

Multi-Family Commercial

Main Photo: 10150 159 Street in Edmonton: Zone 21 Multi-Family Commercial for sale : MLS®# E4158996
Prop. Type:
Multi-Family Commercial
MLS® Num:
Build. Type:
Residential Mix
RA7 Low Rise Apartment Zoned 55'x150' Lot Main Bus Terminal located 2 blocks away on 157 street, LRT Route is planned for 3 blocks on 156 Street, Outdoor Swimming Pool Fred Broadstock is 5 blocks 157st/105 Avenue, Shopping, Schools, Transportation, Medical Centers Close by. Opportunity to build Multifamily or apply for rezoning to DC2. This is a Redevelopment Area with Great Potential. Home is 784.69 sq ft above grade plus finished basement. Some newer windows, vinyl plan flooring, basic kitchen on main floor, 1 bedroom & bath up, 1 bedroom & bath down. Each level has its own laundry and fridge. Previously rented for $950 on main floor and $750 in the basement including utilities. 800 sq ft garage is currently not usable and would need repair. Home and Garage Sold As Is Where Is. Opportunity to Rent the home out while you wait to get approval for building plans.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Wood Frame
Building Type:
Residential Mix
# Units:
Tot Pkg Spaces:
# Storeys:
Year built:
1943 (Age: 76)
Total Floor Area:
784 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
Title to Land:
Fee Simple
LINC Number:
Flat Site, Playground Nearby, Shopping Nearby, Public Transportation, Paved Lane, Public Swimming Pool, Schools, Subdividable Lot
Nearest Town:
Services Connected:
Electricity, Fully Serviced, Lane Paved, Natural Gas, Paved Streets, Telephone, Sanitary Sewer, Street Lighting, Sidewalk, City Water
Water Supply:
Sewer Septic:
Num. of Parcels:
Cap Rate %:
Gross Operating Income:
Other Income:
Effective Gross Income:
Net Operating Income:
Total Oper. Expenses:
Tot Expenses:
Entry date:
May 29, 2019
  • Photo 1: 10150 159 Street in Edmonton: Zone 21 Multi-Family Commercial for sale : MLS®# E4158996
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Data was last updated June 20, 2019 at 12:30 PM (UTC)
Copyright 2019 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.