For Sale

$79,900

203 10624 123 Street , Edmonton, AB T5N 1P2

1 Beds 1 Baths

Remarks

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.

Property Summary

  • Neighbourhood: Westmount
  • Condo Fees: $455.07 Monthly
  • Lot Size: 63.6 Square Metres
  • Floor Space (approx): 64.16 Square Metres
  • Built in: 1978
  • Bedrooms: 1
  • Bathrooms (Total): 1
  • Zoning: Zone 07

Property Features:

  • Appliances:
    None
  • Architectural Style:
    Single Level Apartment
  • Basement:
    None , No Basement
  • Community Features:
    On Street Parking , Deck , Detectors Smoke , Exterior Walls- 2"x6" , Intercom , Parking-Plug-Ins , Parking-Visitor , See Remarks
  • Exterior Features:
    Back Lane , Fenced , Flat Site , Golf Nearby , Landscaped , Picnic Area , Playground Nearby , Public Swimming Pool , Public Transportation , Schools , Shopping Nearby , View Downtown , See Remarks
  • Foundation Details:
    Slab
  • Heating:
    Hot Water , Natural Gas
  • Parking Features:
    Stall
  • Amenities Features:
    On Street Parking , Deck , Detectors Smoke , Exterior Walls- 2"x6" , Intercom , Parking-Plug-Ins , Parking-Visitor , See Remarks
  • Condo Fee Includes:
    Exterior Maintenance , Heat , Insur. for Common Areas , Janitorial Common Areas , Landscape/Snow Removal , Professional Management , Water/Sewer , Land/Snow Removal Common
  • Flooring:
    See Remarks
  • Road Access:
    Paved
  • Site Influences:
    Back Lane , Fenced , Flat Site , Golf Nearby , Landscaped , Picnic Area , Playground Nearby , Public Swimming Pool , Public Transportation , Schools , Shopping Nearby , View Downtown , See Remarks
  • Basement Type:
    None
  • Basement Development:
    No Basement
  • Building Type:
    Lowrise Apartment
  • Roof:
    Asphalt Shingles

Listing courtesy of: 

Moe Charara of Royal LePage ArTeam Realty

Data was last updated 2026-01-22 at 10:42 PM

Office Listing: 

Moe Charara  ,  Ray Elwenni - Sales Representative

Lifestyle
Neighbourhood Info
Joanna Affolter

Joanna Affolter

Sales Representative

Phone:  780.456.5656

Cell:  780.554.4503

Fax:  780.456.5657

Aaron Affolter

Aaron Affolter

Sales Representative

Cell:  780.554.2244

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Royal LePage ArTeam Realty, Brokerage (Independently owned and operated)

203 - 14101 West Block Drive
Edmonton,  AB T5N 1L5

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