11939 101 ST NW new Save Request In-Person Tour Request Virtual Tour
Edmonton,AB T5G 2B8
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $444
MLS Listing ID E4430654
Bedrooms 4
Full Baths 3
Half Baths 1
Year Built 2025
Lot Size 4,609 Sqft
Acres 0.10581418
Property Sub-Type Triplex
Property Description
TRIPLEX w/ 3 LEGAL SUITES (6 RENTAL UNITS) qualifying for CMHC MLI SELECT. Cash-on-Cash Return of 47.92% (SELF MANAGED) or 36.57% (MANAGED) w/ GST rebate, financing, appraisal & legal fees considered. Projected monthly rent is $9,750 w/ annual gross revenue of $117,000 & cap rate of 5.49-6.06%. Cash Flow After Debt Service - SELF MANAGED $22,442 or $13,363 MANAGED. LRT access to Grant MacEwan, U of A, Downtown, ICE District. Close to Kingsway Mall, Royal Alex & Glenrose Hospital. Three 2-Storey Suites w/ 3 bed/2.5 bath & Three 1 bed/bath BSMT SUITES. 3-bed plan w/ built in bench at entry & 5x5 storage. Kitchen w/ pantry, quartz, vinyl plank & SS appliances. Tenants enjoy 3 large bedrms, 4pc bath, 4pc ensuite & upper laundry. BSMT SUITES w/ large SOUTH windows. 3 ENERGIZED parking stalls. Final lot grading. Wrapped foundation. Be part of Edmonton's downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering used. Ready FEB 2026.
Location
Province AB
Zoning Zone 08
Rooms
Basement Full,Finished
Separate Den/Office true
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,Paved Lane,Public Swimming Pool,Public Transportation,Schools,Shopping Nearby
Community Features Off Street Parking,On Street Parking,Hot Water Tankless,Storage-In-Suite,Vinyl Windows,Infill Property,9 ft. Basement Ceiling
Roof Type Asphalt Shingles
Garage false
Building
Story 3
Foundation Concrete Perimeter,See Remarks
Architectural Style 2 Storey
Others
Tax ID 0016145196
Ownership Agent/Seller has Interest,Private