ONCE IN A LIFETIME OPPORTUNITY half a block from the River Valley and walking distance to LRT & the University of Alberta. Purchase this 50’x100' property in combination with 11223 99 AV NW (SEPARATE LISTING; MUST BE PURCHASER TOGETHER) for a total of 100’ x 100’ (10,000 sq.ft) of prime redevelopment space under the City’s new zoning bylaws. FOUR 1-bedroom/1-bathroom units, with shared coin laundry in the basement, are all currently rented and generate positive income. Property was GUT-RENOVATED in 2017 including electricity, plumbing, furnace and A/C. Tenants pay for their own electricity and each have their own parking stall in the back. Capitalize on spectacular River Valley views. Both 11229 & 11229 are currently rented until you are ready to redevelop this parcel - GET PAID WHILE YOU PLAN!
Property Type:
Single Family
Dwelling Type:
Quadruplex
Home Style:
2 Storey
Total Floor Area:
2,126.86 sq. ft.198 m2
Price Per SqFt:
$611.23
Total area above main level.:
1,037 sq. ft.96.35 m2
Total area main level.:
1,089.75 sq. ft.101 m2
Total area above grade.:
2,127 sq. ft.197.59 m2
Secondary Suite:
No
Lot Area:
4,983.69 sq. ft.463 m2
Grade Level Entry:
No
Levels:
2
Exposure / Faces:
North
Year built:
1925
(Age: 101)
Bedrooms:
1
(Above Grd: 1)
Bathrooms:
4.0
(Full:4/Half:0)
Total Rooms Above Grade:
1
Plan:
NB
Building Type:
4PLEX
Construction:
Wood, Vinyl
Foundation:
Concrete Perimeter
Basement:
Full, Partially Finished
Basement Development:
Partly Finished
Roof:
Asphalt Shingles
Floor Finish:
Hardwood, Linoleum
Heating:
Forced Air-1, Natural Gas
Parking:
2 Outdoor Stalls, Front/Rear Drive Access, Stall
Total Parking Spaces:
4
Garage:
No
Ensuite:
Yes
Off Street Parking, Air Conditioner
Northwest
Wîhkwêntôwin
Corner Lot, Flat Site, Golf Nearby, Low Maintenance Landscape, Picnic Area, Playground Nearby, Public Transportation, River Valley View, Schools, Shopping Nearby, Subdividable Lot, View City, View Downtown
Off Street Parking, Air Conditioner
Corner Lot, Flat Site, Golf Nearby, Low Maintenance Landscape, Picnic Area, Playground Nearby, Public Transportation, River Valley View, Schools, Shopping Nearby, Subdividable Lot, View City, View Downtown
ensuite bathroom
Air Conditioning-Central, Dishwasher-Built-In, Dryer, Refrigerator, Stove-Electric, Washer, See Remarks
Courtesy of Daniel M Israel of Royal Lepage Arteam Realty
Data was last updated July 9, 2026 at 09:30 PM (UTC)
Area Statistics
Listings on market:
3,863
Avg list price:
$539,900
Min list price:
$35,000
Max list price:
$8,400,000
Avg days in system:
36
Min days in system:
1
Max days in system:
1,202
Avg price per sq.ft.:
$323.45
These statistics are generated based on the current listing's property type
and located in
Edmonton. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on July 9, 2026 at 09:30 PM (UTC).
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.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.