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$ 1,630,000
Est. payment | /mo
4,604 Sqft Lot
$ 1,630,000
Est. payment | /mo
4,604 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 44073277
Year Built 2025
Lot Size 4,604 Sqft
Acres 4604.292
Property Description
Ready June 2026. Brand New TRIPLEX with 3 LEGAL SUITES (6 RENTAL UNITS) SEPARATELY METERED for ALL UTILITIES. Potential cap rate of 5.13%. Great addition to any portfolio with ability to cash flow immediately. Qualifies for CMHC MLI SELECT. Quick access to NAIT, Kingsway Mall & LRT (train) to Grant MacEwan, U of A, Downtown & ICE District. Three 2-Storey Suites with 3 bed/2.5 bath & Three 1 bed/bath BSMT SUITES. 3-bed plan with built in bench at entry & 5x5 storage rm. Kitchen with pantry, quartz, vinyl plank & SS appliances. Tenants will enjoy 3 large bedrooms, 4pc bath, 4pc ensuite & upper laundry. RAISED FOUNDATION BASEMENT SUITES with large SOUTH facing windows. Effective Gross Income: $110,390. Operating Expenses: $26,692. Net Operating Income: $83,698. Be part of Edmonton's downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Interior photos not actual property (same plan). Completed building may vary from photos. Property Taxes to be reassessed by City. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 3
Private Pool No
Others
Virtual Tour https://youtube.com/shorts/rNHAm-odPA4?si=qGROl16A9X5OZ9Ln
Listed by Real Broker
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Franco Maione
Real Broker