12245 81 St Nw$ 390,000 | Elmwood Park | Edmonton

Located on a west-facing corner lot in Elmwood Park, this 6,440 sq. ft. property presents an excellent opportunity for builders, investors, and purchasers exploring CMHC MLI Select multi-family development potential. The existing bungalow offers 2 bedrooms and 1 full bathroom and is currently tenant occupied, providing holding income while future redevelopment plans are considered. The home features a partially finished basement with a large recreation area that could serve a variety of future uses, along with substantial unfinished space ideal for storage or additional development. The fenced yard and prominent corner positioning further enhance the property’s long-term potential. Convenient access to major transportation routes, including the Yellowhead Trail, provides excellent connectivity throughout the city. Immediate possession may be available, subject to assumption of the existing tenant. (id:59123)

Listing Details

Property Details

Full Address:
12245 81 ST NW, Edmonton, Alberta
Price:
$ 390,000
MLS Number:
E4486746
List Date:
May 9th, 2026
Neighbourhood:
Elmwood Park
Lot Size:
598.38 ac
Year Built:
1946

Interior Features

Bedrooms:
2
Bathrooms:
1
Appliances:
Washer, Refrigerator, Stove, Dryer, Hood Fan
Heating:
Forced air
Basement:
Partially finished, Full

Building Features

Architectural Style:
Bungalow
Storeys:
1
Garage:
Stall
Ownership Type:
Freehold

Floors

Finished Area:
809 sq.ft.

Land

Lot Size:
598.38 ac

Neighbourhood Features

Amenities Nearby:
Public Swimming Pool

Ratings

Commercial Info

Location

Neighbourhood Details

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