12245 81 ST NW - Main photo, Edmonton, Alberta

12245 81 ST NW - Photo 1 of 1, Edmonton, Alberta

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$390,000

12245 81 ST NW — Edmonton, Alberta

T5B2T2

RE/MAX Real Estate

2Beds

1Baths

809Sq Ft

1946Built

598Lot Sq Ft

About This Property

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. (id:63357)

Property Location

Map

Property Details

Property Type: Detached
Bedrooms: 2
Bathrooms: 1
Living Area: 809 sqft
Year Built: 1946
Stories: 1.0
Status: Active

Location & Neighborhood

What's nearby 12245 81 ST NW

Nearby Schools

Nebula Academy
private
0.4 km
St. Gerard Catholic School
catholic
0.4 km

Parks & Recreation

Delton Park
park
0.7 km

Transit Access

82 Street & 123 Avenue
Bus Stop
0.1 km
82 Street & 122 Avenue
Bus Stop
0.2 km
82 Street & 125 Street
Bus Stop
0.4 km
Fort Road & 122 Avenue
Bus Stop
0.4 km
Fort Road & Mount Lawn Road
Bus Stop
0.5 km

Local Amenities

Grocery

Cliff's IGA0.2 km
FreshCo0.7 km

Dining

It's Sumo0.7 km
Coliseum Steak & Pizza0.9 km

POI data updated 5/18/2026

Edmonton Market Snapshot

5,600

Active Listings

$450K

Median Price

—

Avg Days on Market

Last updated: May 9, 2026

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$390,000