$400,000

House For Sale In Wellington, Edmonton, Alberta

$400,000
  • 3

    Bedrooms

  • 2

    Baths

  • 557.02 Square Metres

    Lot Size

Property Information:

Exceptional TURNKEY PRIME LOCATION multi family DEVELOPMENT OPPORTUNITY in the desired Wellington community. This fully APPROVED 7 PLEX CORNER LOT is construction ready, providing a streamlined path to development while reducing timelines, costs and risk. Extensive due diligence has been completed, including land survey, geotechnical report and asbestos remediation. The property includes fully APPROVED demolition and building development PERMITS, site plan, professional landscaping design, and complete professional architectural drawings with renderings. An appraised completed value (3.4M) is available, making this an excellent candidate for MLI SELECT CMHC financing. Situated on a 50 x 124 corner lot with rear alley access, the site offers excellent design flexibility, strong curb appeal and added privacy, supporting long term tenant retention and premium rents. Located in a family friendly area close to parks, schools and major amenities. A rare shovel ready investment* asset in a strong rental market.

Building Features:

  • Floor Space: 106.31

Property Features:

  • Bedrooms: 3
  • Bathrooms: 2
  • Amenities Features: Deck
  • Appliances: See Remarks
  • Architectural Style: Bi-Level
  • Basement: Full, Finished
  • Basement Development: Fully Finished
  • Basement Type: Full
  • Building Type: Detached Single Family
  • Built in: 1971
  • Community Features: Deck
  • Exterior Features: Back Lane, Corner Lot, Flat Site, Golf Nearby, Playground Nearby, Public Transportation, Schools, Shopping Nearby
  • Floor Space (approx): 106.31 Square Metres
  • Flooring: Laminate Flooring
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air-1, Natural Gas
  • Lot Shape: Rectangular
  • Lot Size: 557.02 Square Metres
  • Parking Features: Double Garage Detached
  • Road Access: Paved
  • Roof: Asphalt Shingles
  • Site Influences: Back Lane, Corner Lot, Flat Site, Golf Nearby, Playground Nearby, Public Transportation, Schools, Shopping Nearby
  • Zoning: Zone 01

Courtesy of: Exp Realty

Data was last updated 2026-04-28 at 02:22

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.

Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.

  • Architectural Renderings. Displaying multiple elevations and the legal description for the property -
  • Architectural Rendering. Illustrating the property's exterior elevation -
  • Location Analysis. Presenting a geographic overview and area characteristics for the property -
  • Cash Flow Projections. Detailing anticipated financial performance for the property -
  • Building Design Info. Providing architectural specifications, gross floor area, and landscaping details for the property -
  • The property features a well-maintained lawn with mature trees and a prominent flowering shrub -