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11411 88 St Nw

88 St118 AvenueEdmontonAB, T5B 3P9

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Beds
-
Baths
3,600
Sq. Ft.
$1,589,900
List Price
11411 88 St Nw, Edmonton, AB
41 days on market

Quick Summary

  • Lucrative triplex with six rental units
  • Convenient location near major universities
  • Potential for high monthly rental income
  • Spacious 3-bedroom suites with modern finishes
  • Bright basement suites with ample natural light
  • Landscaped yard with 3 tandem parking stalls
  • Opportunity for real estate appreciation
  • Eligible for CMHC MLI Select Financing

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... Show More

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 Edmontons downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering image used. (id:54626)

Property Details

Size

3,600 sq. ft.
0 Beds
0 Baths

Parking

6 Parking Spaces
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Build

Year Built
2024
Model Name
-
Basement
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Exterior
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Foundation
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Builder Name
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Stories
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Flooring
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Roof
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
E4409089
Last Updated
October 23, 2024
Brokerage
YEGPro Realty
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