$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:47421)
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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

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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

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