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 Edmonton’s downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering image used.
| Address |
11411 88 ST NW |
| List Price |
$1,589,900 |
| Property Type |
Single Family |
| Type of Dwelling |
Tri-Plex |
| Style of Home |
2 Storey |
| Area |
Edmonton |
| Sub-Area |
Parkdale (Edmonton) |
| Bedrooms |
4 |
| Bathrooms |
4 |
| Floor Area |
3,600 Sq. Ft. |
| Lot Size |
5442.56 Sq. Ft. |
| Year Built |
2024 |
| MLS® Number |
E4409070 |
| Listing Brokerage |
YEGPro Realty
|
| Basement Area |
FULL |
| Postal Code |
T5B 3P9 |
| Site Influences |
Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby, See Remarks |
