11939 101 St Nw Edmonton, Alberta T5G 2B8
$1,599,900
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. (id:61585)
Property Details
| MLS® Number | E4430866 |
| Property Type | Multi-family |
| Neigbourhood | Westwood (Edmonton) |
| Parking Space Total | 3 |
Building
| Constructed Date | 2025 |
| Size Interior | 3,600 Ft2 |
Land
| Acreage | No |
| Size Irregular | 4604 |
| Size Total | 4604 Sqft |
| Size Total Text | 4604 Sqft |
Contact Us
Contact us for more information
Jordan C. Seitz
Associate
(844) 274-2914
linktr.ee/team_seitz
www.facebook.com/teamseitzyeg/
www.instagram.com/matchmyhome.ca/
3400-10180 101 St Nw
Edmonton, Alberta T5J 3S4
(855) 623-6900
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April 15 2025 03:00:41
REALTORS® Association of Edmonton
Real Broker