Investor Alert in Westmount! An exceptional opportunity for the savvy investor seeking sweat equity and strong returns. This fully gutted 690 sq. ft. unit is ready for the right owner to take it across the finish line and unlock its full potential. Comparable units in the building are renting for $1,250/month, delivering an impressive 8.5% return on investment after condo fees and property taxes—a rare find in today’s market. Perfectly located just one block from trendy 124 Street and the Brewery District, and within minutes of Downtown Edmonton, Grant MacEwan University, and the Ice District, this Westmount property offers unbeatable walkability and long-term rental demand. A prime opportunity to add value in one of Edmonton’s most desirable central communities.
Address
#203 10624 123 ST NW
List Price
$79,900
Property Type
Residential
Type of Dwelling
Apartment
Style of Home
Single Level Apartment
Transaction Type
Sale
Area
Edmonton
Sub-Area
Westmount
Bedrooms
1
Bathrooms
1
Floor Area
691 Sq. Ft.
Lot Size
684.58 Sq M.
Year Built
1978
Maint. Fee
$455.07
MLS® Number
E4470707
Listing Brokerage
Royal Lepage Arteam Realty
Postal Code
T5N 1P2
Zoning
Zone 07
Parking
Stall
Community Features
On Street Parking, Deck, Detectors Smoke, Exterior Walls- 2"x6", Intercom, Parking-Plug-Ins, Parking-Visitor, See Remarks
Exterior Features
Back Lane, Fenced, Flat Site, Golf Nearby, Landscaped, Picnic Area, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby, View Downtown, See Remarks
Heat Type
Hot Water, Natural Gas
Construction Materials
Wood, Vinyl
Direction Faces
East
Exposure
West
Foundation Details
Slab
Garage Type
No
Roof
Asphalt Shingles
Access To Property
Paved
