About 203 10624 123 Street
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.
Features of 203 10624 123 Street
| MLS® # | E4470707 |
|---|---|
| Price | $79,900 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 691 |
| Acres | 0.00 |
| Year Built | 1978 |
| Type | Condo / Townhouse |
| Sub-Type | Lowrise Apartment |
| Style | Single Level Apartment |
| Status | Active |
Community Information
| Address | 203 10624 123 Street |
|---|---|
| Area | Edmonton |
| Subdivision | Westmount |
| City | Edmonton |
| County | ALBERTA |
| Province | AB |
| Postal Code | T5N 1P2 |
Amenities
| Amenities | On Street Parking, Deck, Detectors Smoke, Exterior Walls- 2"x6", Intercom, Parking-Plug-Ins, Parking-Visitor, See Remarks |
|---|---|
| Parking | Stall |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | None |
|---|---|
| Heating | Hot Water, Natural Gas |
| Fireplace | No |
| # of Stories | 4 |
| Stories | 1 |
| Has Suite | No |
| Has Basement | Yes |
| Basement | None, No Basement |
Exterior
| Exterior | Wood, Vinyl |
|---|---|
| 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 |
| Roof | Asphalt Shingles |
| Construction | Wood, Vinyl |
| Foundation | Slab |
Additional Information
| Date Listed | January 21st, 2026 |
|---|---|
| Days on Market | 29 |
| Zoning | Zone 07 |
| Foreclosure | No |
| RE / Bank Owned | No |
| Condo Fee | $455 |
Listing Details
| Office | Courtesy Of Moe Charara Of Royal Lepage Arteam Realty |
|---|