Attention investors! Introducing Olympia, a brand-new 6-unit triplex development located in Queen Mary Park, just minutes from downtown Edmonton. This purpose-built property offers approximately 5,600 sq. ft. of living space, with six self-contained, separately metered units designed for strong rental demand. The unit mix includes two 3-bedroom units, one unit with dual primary bedroom suites, two legal 2-bedroom suites, and one 1-bedroom unit, appealing to a broad tenant base. Features include quartz countertops, vinyl plank flooring, stainless steel appliances, 9-ft ceilings, landscaping, and a detached triple garage, plus ample on-site and street parking. CMHC MLI Select qualified, requiring as little as 5% down, with projected annual rental income of approximately $138,000. Estimated completion Q3 2026. Prime location within walking distance to Kingsway Mall, Royal Alexandra Hospital, NAIT, LRT, and major amenities. (id:47421)
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Detailed Information
Bedrooms
10
Bathrooms
12
Amenities Nearby
Golf Course, Playground, Public Transit, Shopping
Features
See remarks, Closet Organizers, No Animal Home, No Smoking Home, Level
Listing Contract Date
2026-01-06
Municipal ID
11129676
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Building
Amenities
Ceiling - 9ft
Appliances
Dishwasher, Dryer, Garage door opener remote(s), Garage door opener, Hood Fan, Oven - Built-In, Refrigerator, Gas stove(s), Washer, Window Coverings
Basement Development
Finished
Basement Features
Suite
Basement Type
Full (Finished)
Constructed Date
2026
Construction Style (Attachment)
Attached
Fire Protection
Smoke Detectors
# of Half Bathrooms
3
Heating Type
Forced air
Stories Total
2
Type
Triplex
Rooms
Room
Level
Dimensions
Notes
Living room
Main level
Measurements not available
Dining room
Main level
Measurements not available
Kitchen
Main level
Measurements not available
Primary Bedroom
Upper Level
Measurements not available
Bedroom 2
Upper Level
Measurements not available
Bedroom 3
Upper Level
Measurements not available
Bedroom 4
Upper Level
Measurements not available
Bedroom 5
Upper Level
Measurements not available
Bedroom 6
Upper Level
Measurements not available
Additional bedroom
Upper Level
Measurements not available
Bedroom
Upper Level
Measurements not available
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
566.77 square meters
Amenities
Golf Course, Playground, Public Transit, Shopping
Size of Irregular Land
566.77
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