11411 88 ST NW Active Save Request In-Person Tour Request Virtual Tour
Edmonton,AB T5B 3P9
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $441
MLS Listing ID E4416133
Bedrooms 4
Full Baths 3
Half Baths 1
Year Built 2024
Lot Size 505.630 Acres
Acres 505.63
Property Description
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.
Location
State AB
Zoning Zone 05
Rooms
Basement Full,Finished
Interior
Interior Features ensuite bathroom
Heating Forced Air-2,Natural Gas
Flooring Carpet,Vinyl Plank
Appliance Dryer,Stacked Washer/Dryer,Washer,See Remarks,Refrigerators-Two,Stoves-Two,Dishwasher-Two,Microwave Hood Fan-Two
Exterior
Exterior Feature Back Lane,Landscaped,Paved Lane,Playground Nearby,Public Swimming Pool,Public Transportation,Schools,Shopping Nearby,See Remarks
Community Features Hot Water Tankless,Parking-Extra,Vinyl Windows,Infill Property,HRV System
Roof Type Asphalt Shingles
Garage false
Building
Story 3
Foundation Concrete Perimeter
Others
Tax ID 0015453293