9636 107A Av Nw

Discover an exciting investment in Chinatown's heart, featuring a prime 800+ sq ft raised bungalow with significant potential. At just $175,000, this fixer-upper is ideal for investors or developers looking to renovate or explore infill opportunities, including a teardown and rebuild option. The property features 2+2 bdrms with separate entrance. Situated across from Lucky 97 Supermarket, the property sits on a lot zoned RM h16 (very rare!!) for medium density, measuring 33.1 x 122 feet, which allows for multi-unit apartment building over four storeys and has commercial potential. The adjacent property (9638 107A AV) is also for sale, enhancing expansion opportunities. Located steps from Chinatown's amenities, it's minutes away from Downtown, Rogers Place, NAIT, Royal Alexandra Hospital, Kingsway Mall, MacEwan University, Commonwealth Stadium, Little Italy, and the Stadium LRT Transit Station. Seize this opportunity for both great income and long-term investment in Edmonton's culturally rich neighborhood. (id:54626)