64 days ago · Active

$355,000

12245 81 St NW, Edmonton

2 bd1 ba809 ft²$439/ft²

MLS® E4486746 · Courtesy of RE/MAX Real Estate · View on REALTOR.ca

A house in Elmwood Park, built 1946 with 2 bedrooms and 1 baths across 809 ft² — $439 per square foot. Listed 64 days ago.

BestYEGHomes estimate

Wide range

What we think this home is worth

$268,000

$197,000range we’d stand behind (80%)$317,000

City of Edmonton assessment: $252,500

An independent estimate by our valuation model, built from City of Edmonton assessment data and local market analysis (updated July 2026). It is our own analysis — not part of the MLS® listing, not provided by the listing brokerage, and not an appraisal. Ask us for the full report.

From the listing

About this home

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:66605)

The details

Fact sheet

Property

Type
House
Storeys
1
Built
1946
Ownership
Freehold
Lot size
598.38 square meters
Community
Public Swimming Pool

Inside

Living area
809 ft²
Bedrooms
2
Bathrooms
1 full
Basement
Partially finished, Full
Included
Washer, Refrigerator, Stove, Dryer, Hood Fan

Parking & fees

Parking
Stall
Postal code
T5B 2T2

Room by room

Measurements

RoomLevelSize
Living roomMain level
Dining roomMain level
KitchenMain level
Primary BedroomMain level
Bedroom 2Main level

Converted from the metric MLS® feed; sizes are approximate.

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Christopher Peel · REALTOR®

MaxWell® Polaris

This website is operated by Christopher Peel, REALTOR®, of MaxWell Polaris, Edmonton, Alberta — the brokerage responsible for this website.

The listing data above is provided under copyright by the Canadian Real Estate Association (CREA). The listing data is deemed reliable but is not guaranteed accurate by CREA nor BestYEGHomes. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

Listing information last updated on June 18, 2026 at 9:20 a.m. MT.