TRIPLEX with THREE LEGAL SUITES (total of SIX RENTAL UNITS) located in Parkdale. Three 2-Storey Suites w/ 3 bed/2.5 bath & Three 1 bed/1 bath BSMT SUITES. Will qualify for CMHC MLI SELECT FINANCING. Quick access to Nait, Grant MacEwan, U of A, Campus Saint-Jean by LRT or walk/bus to Concordia. Close to Downtown, ICE District, Kingsway Mall, Royal Alexandra & Glenrose Hospital. Potential monthly rental income of $9,750 w/ annual gross revenue of $117,000 & cap rate of 5%. 3-bedroom plan boasts built in bench at entry & 5ftx5ft main floor storage room. Kitchen w/ pantry, quartz counters, vinyl plank flooring & stainless-steel appliances. Tenants will enjoy 3 large bedrooms, 4pc bath, 4pc ensuite & upper-level laundry. BSMT SUITES w/ large SOUTH facing windows for plenty of natural light. Landscaped yard w/ 3 TANDEM ENERGIZED parking stalls. Be part of Edmontons downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering image used. (id:46923)
MLS® Number | E4409089 |
Property Type | Multi-family |
Neigbourhood | Parkdale (Edmonton) |
AmenitiesNearBy | Shopping, Public Transit, Schools |
CommunityFeatures | Public Swimming Pool |
Features | Paved Lane, Lane |
ParkingSpaceTotal | 6 |
ConstructedDate | 2024 |
SizeInterior | 3600 Sqft |
Acreage | No |
LandAmenities | Shopping, Public Transit, Schools |
SizeIrregular | 5443 |
SizeTotal | 5443 Sqft |
SizeTotalText | 5443 Sqft |
https://www.realtor.ca/real-estate/27505578/11411-88-st-nw-edmonton-parkdale-edmonton
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Jordan C. Seitz
Associate