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Greg McDAnnold

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Data Last Updated May 10, 2026, 7:40 am

 
Courtesy of Marty Smayda RE/MAX Real Estate

Elmwood Park Bungalow
Bedrooms 2 Bathrooms 1 Parking Other
No Floor Plan Available
$390,000
MLS® #:  E4486746
Address:  12245 81 Street
Size: 809 sq. ft.
Days On Website:  ACCESS Days on Website

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Descriptions:

Located on a west-facing corner lot in Elmwood Park, this 6,440 sq. ft. property presents an excellent opportunity for builders, investors, and purchasers exploring CMHC MLI Select multi-family development potential. The existing bungalow offers 2 bedrooms and 1 full bathroom and is currently tenant occupied, providing holding income while future redevelopment plans are considered. The home features a partially finished basement with a large recreation area that could serve a variety of future uses, along with substantial unfinished space ideal for storage or additional development. The fenced yard and prominent corner positioning further enhance the property's long-term potential. Convenient access to major transportation routes, including the Yellowhead Trail, provides excellent connectivity throughout the city. Immediate possession may be available, subject to assumption of the existing tenant.

Includes: Dryer, Hood Fan, Refrigerator, Stove-Electric, Washer
Site Influences:
Landscaped, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Legal Description:
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Location & Listing Info:
Neighbourhood: Elmwood Park
Lot Shape: Rectangular
Zone: Zone 05
Property Info:
Property Type: Detached Single Family
Home Style: Bungalow
Year Built: 1946
Total Floor Area: 809 sq. ft.
Front Exposure: West
Exterior:
Exterior: Landscaped, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Front Exposure: West
Roof: Asphalt Shingles
Financial & Possession:
Monthly Fee: ACCESS Monthly Fee
Rooms:
Total Bedrooms: 2  (Bedrooms Above: 2)
Bathrooms: Full: 1 / Half: 0
Rooms Above: 5
Additional Info:
Heating: Y
Basement: Full, Partially Finished
Basement Type: Full, Partially Finished
Floor Finish: Hardwood
Parking: Stall
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For viewing call 780-908-4786
Contact Greg McDAnnold -
#201 5607 199 St, Edmonton, Alberta, T6M-0M8
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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. Data was last updated May 10, 2026, 7:40 am.
Greg McDAnnold, RE/MAX Excellence
#201 5607 199 St, Edmonton, Alberta T6M-0M8
Tel: 780-908-4786 Fax: 780-481-1144
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