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Tameka Ross

tameka@tamekaross.ca +1(780) 707-2664

Listed by Moe Charara • Royal Lepage Arteam Realty

$ 79,900

Est. payment -/mo

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New

#203 10624 123 ST NW Edmonton, AB T5N 1P2

1 Bed

1 Bath

690 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 690 sqft

Price per Sqft $115

MLS® Listing ID E4470707

Bedrooms 1

Full Baths 1

Condo Fees $455

Year Built 1978

Lot Size 684 Sqft

Acres 0.015715344

Property Sub-Type Apartment

Property Description

Investor Alert in Westmount! An exceptional opportunity for the savvy investor seeking sweat equity and strong returns. This fully gutted 690 sq. ft. unit is ready for the right owner to take it across the finish line and unlock its full potential. Comparable units in the building are renting for $1,250/month, delivering an impressive 8.5% return on investment after condo fees and property taxes—a rare find in today's market. Perfectly located just one block from trendy 124 Street and the Brewery District, and within minutes of Downtown Edmonton, Grant MacEwan University, and the Ice District, this Westmount property offers unbeatable walkability and long-term rental demand. A prime opportunity to add value in one of Edmonton's most desirable central communities.

Location

Province AB

Area Westmount

Zoning Zone 07

Rooms

Basement None, No Basement

Interior

Heating Hot Water, Natural Gas

Flooring See Remarks

Appliance None

Exterior

Exterior Feature Back Lane, Fenced, Flat Site, Golf Nearby, Landscaped, Picnic Area, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby, View Downtown, See Remarks

Community Features On Street Parking, Deck, Detectors Smoke, Exterior Walls- 2"x6", Intercom, Parking-Plug-Ins, Parking-Visitor, See Remarks

Roof Type Asphalt Shingles

Garage false

Building

Story 1

Foundation Slab

Architectural Style Single Level Apartment

Level or Stories 4

Others

Tax ID 0032175657

Ownership Private

REALTORS® Association of Edmonton (RAE VOW)