$1,589,900 FOR SALE

Multiplex

11411 88 St Nw
Edmonton, AB T5B 3P9 | Parkdale (Edmonton)

TRIPLEX with THREE LEGAL SUITES for a total of SIX RENTAL UNITS located in Parkdale. Three 2-Storey Suites w/ 3 bed/2.5 bath & Three 1 bed/1 bath BASEMENT 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 suite plan boasts built in bench at entry & 5ft x5ft 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. BASEMENT SUITES w/ large SOUTH facing windows allow 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. (id:47423)

Share

Listed By YEGPro Realty
Data Provided By REALTORS® Association of Edmonton
MLS® Listing Number E4409089
Last Updated Oct 08, 2024
Property Summary
Property Type Multiplex

More like this:
Neighbourhood Parkdale (Edmonton)
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Amenities Nearby Shopping, Public Transit, Schools
Community Features Public Swimming Pool
Features Paved lane, Lane
Listing Contract Date 2024-10-04
Municipal ID 4230108
# of Parking Spaces 6
Property Type Multi-family
Transaction Type For sale
Building
Constructed Date 2024
Land
Total Size 5443 square feet
Amenities Shopping, Public Transit, Schools
Size of Irregular Land 5443

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.