MAXWELL CAPITAL REALTY

Gurmit Dhah

Unique Property Up for sale! This parcel on Edmonton Trail includes a Flex/Office building as well as a residential property located at 408 21st Ave NE, and are to be sold together; combined you get approximately 13,745 ft². The residential bungalow is zoned MC-1 with a legal suite with a single detached garage.  The Building itself is a two storey, with a developed basement. It was used previously as an Office Space, but has lots of potential. The second storey of the building is set up for residential with a separate entrance and a double detached garage.  There is room for 12 plus parking stalls. This property is in good condition and can be used As-Is (Business/Office/Retail/Medical), and there is a potential for future development with a density of up to 48,107 ft² once re-zoning has taken place. With lots of Multi-Family development happening, this is a prime location on Edmonton Trail that's close to a ton of amenities and on a main transit route, only being a block away from the Future LRT Line. 

Century 21 Bamber Realty LTD.

Jeff Gilchrist

Amar Wadhwani

This property is being sold with 408 21 Ave NE (MLS#A2157816) only. Total price $2,224,000.00. These 2 land parcels provide 13,475 sq ft or 1277 sq m of future development potential in the beautiful inner city community of Mountain View/Winston Heights. The existing building is 2518 sq ft of Flex/Office space (main floor is currently vacant) tenants are month to month generating up to $2600.00 upstairs alone. The options for development are varied as this land falls under an MU-1/3.5h26 proposed landuse change. Buy and hold or develop now. 

This 2 story office/apartment/flex building with full basement and double garage, sits with great exposure on a busy street, on a 7502 sq ft lot with Direct Control land use, in an H-GO zone which will allow for a ton of different uses and/or  re-development opportunities. The existing building is 2518 sq ft of Flex/Office and generates up to $2600.00 upstairs alone. This property can be sold with neighboring property (MLS A2202292) to garner 13,475 sq ft of development potential. Properties in locations like this don't come on the market often. 