Property Description
Ready MAY 2026. 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). Completed building may vary from photos. Property Taxes to be reassessed by City. (id:53430)
Building
- Property Type:
- Triplex
- Building Type:
- Triplex
- Year Built:
- 2025
- Bedrooms:
- 4
- Bathrooms (total):
- 4.5 (1 half)
- Basement:
- Finished, Full, Suite
Finished Areas
- Interior Size (Total):
- 3602 square feet
Interior
- Appliances:
- Washer, Gas stove(s), Dishwasher, Stove, Dryer, Washer/Dryer Stack-Up, Two Refrigerators
Parking
- Features:
- Parking Pad
Lot / Land
- Lot Size:
- 447.96 square meters
Fees & Dates
- Last Modified:
- 04/02/2026 06:20:27 PM
- Status Change:
- 04/02/2026 06:10:20 PM
Association / Ownership
- Common Interest:
- Freehold
Room Dimensions
| Room | Level | Size |
|---|---|---|
| Living room | Main level | - |
| Dining room | Main level | - |
| Kitchen | Main level | - |
| Primary Bedroom | Upper Level | - |
| Bedroom 2 | Upper Level | - |
| Bedroom 3 | Upper Level | - |
| Bedroom 4 | Basement | - |
| Second Kitchen | Basement | - |
Location
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