This property is listed by Real Broker.
Data was last updated 2025-06-25 at 20:18:11 GMT
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
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.