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Description

OFF-MARKET WELLINGTON 4-PLEX DEVELOPMENT — EDMONTON ️ HUGE CORNER LOT + ALLEY ACCESS | DEVELOPMENT PERMIT INCLUDED Wellington, Edmonton A rare off-market development opportunity with a 4-plex development permit already in place. Price : 580k for the lot and you can build this below or rent out for extra value home is livable Projected Build Cost: ~$1.6M Projected Completed Value: ~$2.2M Potential Project Profit: ~$400K–$500K ⏱️ Target Project Timeline: ~12 months Strong projected cash flow / income potential Financing opportunity: If the lot is owned free and clear, the construction financing may potentially cover the construction costs, subject to lender approval, appraisal, borrower qualifications and project terms. The opportunity: Control a large corner lot with alley access, build the approved 4-plex, and potentially create significant equity/value upon completion. OFF-MARKET — Serious buyers only. DM for the price, development permit, plans, numbers and full deal package. All values, financing availability, returns and timelines are projections and subject to due diligence, construction costs, market conditions and lender approval.