12020 63 ST NW

Montrose (Edmonton), Edmonton · MLS® E4511233

827 sq ft · 753 m² lot · House · Single Family · built 1947 · 23 days on market

listed by Mathew Haupt, Exp Realty

realtor's description

PRIME MULTI-FAMILY DEVELOPMENT OPPORTUNITY! Exceptional 8,105 sq. ft. (753 m² / 0.19 acre) double lot offering approximately 66 ft of frontage x 123 ft of depth. An outstanding opportunity for builders, investors and developers looking for a substantial infill site with strong redevelopment potential. The property may be well suited for a multi-family development utilizing the MLI Select program, subject to approvals and program requirements. The existing single-family home is livable and in good condition, offering the ability to hold or generate income while future development plans are pursued. A rare opportunity to secure a large, versatile development parcel with an existing residence in place.

property details

type: House, Single Family
bedrooms: 3
bathrooms: 2
living area: 827 sq ft
lot: 753 m²
parking: 0
year built: 1947
days on market: 23
MLS®: E4511233

features

See remarks
See remarks

monthly cost

$1,346/mo

Mortgage $1,346

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,346/ monthly

loan $247,120

25-year amortization

down payment20% · $61,78020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $156,634
land title fees: $660; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $62,440; down + land title fees
total paid: $403,754

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Montrose (Edmonton), EdmontonGoogle Maps ↗

Rapid transit: Coliseum LRT station, 1.4 km (about 21 min walk); Belvedere LRT station, 1.6 km (about 25 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Highlandshomes in this catchment
24573.9 km away · 11509 - 62 Street NW, Edmonton · (780) 479-4206 · website
Middle K to Gr 9 Highlandshomes in this catchment
24573.9 km away · 11509 - 62 Street NW, Edmonton · (780) 479-4206 · website
Secondary Gr 10-12 Eastglenhomes in this catchment
24574.1 km away · 11430 - 68 Street NW, Edmonton · (780) 479-1991 · website

From the Edmonton Public Schools's published catchment maps (2021, the latest published). A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.