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Courtesy of Jordan C Seitz of Real Broker
11411 88 Street
Edmonton
T5B 3P9
$1,589,900
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4416137
- Build. Type:
- Multi Tenant/Multi Plex
- Photos (38)
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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.
- Property Type:
- Multi-Family Commercial
- Transaction Type:
- For Sale
- Lease Oper Costs Per Sq M:
- $0
- Price Per SqFt:
- $441.64
- Taxes:
- Signup
- Lot Area:
- 5,443 sq. ft.
- Stories Total:
- 2
- # of 2 Bedroom Apartments:
- 0
- # of Units:
- 6
- # of Other Units:
- 0
- # of Studio Apartments:
- 0
- # of Bachelor Apartments:
- 0
- Year built:
- 2024 (Age: 1)
- Bathrooms:
- - (Full:-/Half:-)
- Building Type:
- Multi Tenant/Multi Plex
- Num. of Parcels:
- 1
- Construction:
- Wood Frame
- Parking Space(s):
- 6
- Parkdale (Edmonton)
- Agent/Seller has Interest,Private
- Zone:
- Zone 05
- Zoning:
- Zone 05
- Title to Land:
- Fee Simple
- Legal Lot:
- 4
- LINC Number:
- 4444402441
- Days On Website:
- 20 day(s)
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Data was last updated January 4, 2025 at 09:30 PM (UTC)
- DON CHOLAK
- RE/MAX PROFESSIONALS
- 1 (780) 718-8400
- don@doncholak.com
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