This property is listed by Real Broker.
Data was last updated 2025-06-25 at 20:18:11 GMT
$1,599,900

1, 2, 3 - 12411 81 Street   Edmonton, Alberta

MLS®: E4470755
URL:    
Brand New TRIPLEX with 3 LEGAL SUITES (6 RENTAL UNITS). Potential cap rate of 5.23%. 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 room. 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). Price includes $76,185.71 in GST; apply for 100% GST rebate with Purpose-built Rental Housing Rebate. See GST/HST memorandum 19-3-9.

Listing Information

Prop. Type:
Triplex
Property Style:
2 Storey
Status:
Active
City:
Edmonton
MLS® Number:
E4470755
Bedrooms:
4
Neighbourhood:
Elmwood Park
Area:
Edmonton
Province:
Alberta
Listing Price:
$1,599,900

General Information

Year Built:
2025
Total Square Feet:
3602ft2

Additional Information

Basement Dev:
Full, Finished
Parking:
Parking Pad Cement/Paved

VIP-Only Information

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Location


Ayaaz Kassam
Sterling Real Estate
11155 66 st, Edmonton, Alberta
Office: 780-474-1035
Mobile: 780-231-9000
Fax: N/A
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.