Property Information:

Prime Redevelopment Opportunity Near the U of A! Explore the potential of this 42 x 130 ft lot, offering flexibility with Small Scale Residential (RS) zoning. This property allows for various uses, from multi-unit residential to some commercial options. Key features of this property: Strategic Location: Located in a sought-after area with easy access to amenities, Whyte Avenue, and the University of Alberta, which is a factor in rental demand. Rental Income: The property currently earns $2,300/month in rental income on a flexible, month-to-month arrangement. This is a plus, especially while you await your permits.. This is a plus, especially while you waiting for your permits. Development Potential: The lot size and zoning are suitable for various development ideas, such as a multi-suite project or a custom residence with additional income potential. This property is a good option for those looking to build a multi-unit rental or a primary home with a secondary suite. The seller has a drawing for 6-plex.

Building Features:

Floor Space: 116.58

Property Features:

Bedrooms: 3+1
Bathrooms: 2
Amenities Features: Vaulted Ceiling
Appliances: Dryer, Refrigerator, Stove-Electric, Washer
Architectural Style: 1 and Half Storey
Basement: Full, Finished
Basement Development: Fully Finished
Basement Type: Full
Building Type: Detached Single Family
Built in: 1950
Community Features: Vaulted Ceiling
Exterior Features: Landscaped, Public Transportation
Floor Space (approx): 116.58 Square Metres
Flooring: Ceramic Tile, Hardwood, See Remarks
Foundation Details: Concrete Perimeter
Heating: Forced Air-1, Natural Gas
Lot Shape: Rectangular
Parking Features: Double Garage Detached
Road Access: Paved
Roof: Asphalt Shingles
Site Influences: Landscaped, Public Transportation
Zoning: Zone 17

Courtesy of: Alta-Pro Realty

Data was last updated 2026-07-18 at 08:29

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the REALTORS® Association of Edmonton. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data on this website is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Information deemed reliable but not guaranteed.

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Demographic Information of 8146 78 Avenue NW, Edmonton, AB, T6C 0N4

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$115,648.41

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.95 %

High school certificate or equivalent

22.16 %

Apprenticeship trade certificate/diploma

9.83 %

College/non-university certificate

19.05 %

University certificate (below bachelor)

0.12 %

University Degree

31.89 %

Commuter

Travel To Work

By Car

82.6 %

By Public Transit

7.96 %

By Walking

3.45 %

By Bicycle

1.25 %

By Other Methods

4.74 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

23.68 %

Houses

76.32 %

8146 78 Avenue NW, Edmonton, AB, T6C 0N4