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434 Meredith Rd NE 0.16 Acres of Commercial Land Offered at £703,597 in Calgary, AB T2E 5A6
INVESTMENT HIGHLIGHTS
- Prime location between major roads (Memorial Dr & 4ST NE)with high visibility
- Potential to build condo high rise building with commercial bay on main floor
EXECUTIVE SUMMARY
Currently there's a house with back addition divided into 2 units A & B both have tenants occupied. Unit A is an older building (about 600sqft) with vaulted ceilings on main floor and a full basement with one bedroom up, one bedroom down, and a full bathroom. Unit B is an addition with no basement but 2 full bathrooms and 5 bedrooms. Total rental income is $3045.00. Please do not disturb tenants without an appointment. Call listing agent for details.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER ac |
|---|---|---|
| Taxes |
£1,692
|
£10,551.35
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£1,692
|
£10,551.35
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | £1,692 |
| Annual Per ac | £10,551.35 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per ac | - |
| Total Expenses | |
|---|---|
| Annual | £1,692 |
| Annual Per ac | £10,551.35 |
PROPERTY FACTS Under Offer
1 PLOT AVAILABLE
Plot
| Price | £703,597 | Total Plot Size | 0.16 ac |
| Price Per ac | £4,387,775.83 |
| Price | £703,597 |
| Price Per ac | £4,387,775.83 |
| Total Plot Size | 0.16 ac |
Unlimited potential for this mix use MU-2 50'x140' lot located just off Edmonton trail & memorial Dr, right across river from Downtown East Village! Lot is designed to built commercial & residential mixed building with f 4.0 h34.
DESCRIPTION
Located just off Edmonton trail & memorial Dr, right across river from Downtown East Village! Lot is designed to built commercial & residential mixed building.
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Walk Score®
Excellent pedestrian access (95)
Transit Score®
Excellent Public Transport (78)
Bike Score®
Ideal For Cyclists (90)
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434 Meredith Rd NE
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