Discover an exciting investment in Chinatown's heart, featuring a prime 800+ sq ft raised bungalow with significant potential. At just $175,000, this fixer-upper is ideal for investors or developers looking to renovate or explore infill opportunities, including a teardown and rebuild option. The property features 2+2 bdrms with separate entrance. Situated across from Lucky 97 Supermarket, the property sits on a lot zoned RM h16 (very rare!!) for medium density, measuring 33.1 x 122 feet, which allows for multi-unit apartment building over four storeys and has commercial potential. The adjacent property (9638 107A AV) is also for sale, enhancing expansion opportunities. Located steps from Chinatown's amenities, it's minutes away from Downtown, Rogers Place, NAIT, Royal Alexandra Hospital, Kingsway Mall, MacEwan University, Commonwealth Stadium, Little Italy, and the Stadium LRT Transit Station. Seize this opportunity for both great income and long-term investment in Edmonton's culturally rich neighborhood.
Data was last updated January 9, 2025 at 07:30 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$279,400
Min list price:
$159,900
Max list price:
$1,299,000
Avg days on market:
67
Min days on market:
8
Max days on market:
496
Avg price per sq.ft.:
$296.23
These statistics are generated based on the current listing's property type
and located in
Zone 13. Average values are
derived using median calculations.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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