I have listed a new property at 8734 116 ST in Edmonton. See details here

Amazing Investment Opportunity! Windsor Park property on the west border of the University of Alberta. Walk to the University, Hospitals, schools, Jubilee Auditorium, River Valley parks, LRT stations, and only a short drive to downtown Edmonton. Excellent, large, rectangular 60 ft x 150 ft lot with a 1960 sq.ft. 4-Level Split house with some recent renovations. This property provides many options: owner occupancy, rental income, build a new home on the large lot, subdivide the lot, or possibly rezone for a higher density development (City of Edmonton approval required for certain types of development). There is a mortgage with a principal balance of approximately $600,000 with an attractive fixed interest rate of 1.8% for four years. The mortgage may be assumed if a Buyer wishes to consider this. The property is currently rented.