11820 88 Street - Delton Place: Business with Property for sale (Elmwood) : MLS®# 2410154

17 ste, 2 ½ storey, wood frame construction, concrete foundation. Cedar & Stucco Siding. Features Balconies, Intercom & individual power meters. Five minutes to downtown. Area of very positive transition. Near all amenities (bus, shopping, gas, medical) Generous size suites. Good floor plan. Newer Gable Roof & many various upgrades as needed when long term tenants move. Built in 1981. Five - Two Bdrm stes & Twelve - One Bdrm stes. Good lot size: 14,500 sq.ft. lot. Room for rental increase to market value of approximately $25 per suite. Present return: 8.78% cap rate. Seller open to reasonable offers. For proforma/appointment, Call Val 780-707-9395; vtoffoli@shaw.ca; www.valtoffoli.com