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12502 117 Av Nw

117 Ave NWCentral EdmontonEdmontonAB, T5M 0N6

4
Beds
4
Baths
4,725
Sq. Ft.
$2,150,000
List Price
12502 117 Av Nw, Edmonton, AB - 1 of 3
12502 117 Av Nw, Edmonton, AB - 2 of 3
12502 117 Av Nw, Edmonton, AB - 3 of 3
New
15 days on market

Quick Summary

  • Spacious 4-plex with 4 legal suites and 4-car garages
  • Qualifies for CMHC MLI SELECT program with high rents
  • Generous 14 total bedrooms and 12 full baths plus 4 half baths
  • Legal basement suites for additional rental income
  • Projected monthly rental income of $14,000-$15,000
  • High-end finishes including stainless steel appliances, quartz counters, and 9' ceilings
  • Convenient location near downtown, college/university, restaurants, shopping, and transportation
  • Mature trees surrounding the property

Wonderful opportunity to obtain a 4plex with 4 legal suites and 4 car garages built by Edmonton's premier infill builder, Platinum Living Homes. Total of 8 units qualifies for the CMHC MLI SELECT program - with rents currently going up this is a smart move. Currently under construction with an expected fall/winter 2024 closing. 4732 sqft... Show More

Wonderful opportunity to obtain a 4plex with 4 legal suites and 4 car garages built by Edmonton's premier infill builder, Platinum Living Homes. Total of 8 units qualifies for the CMHC MLI SELECT program - with rents currently going up this is a smart move. Currently under construction with an expected fall/winter 2024 closing. 4732 sqft of above ground living space allows for the two exterior units to have 3 beds total with the interior units being 2 beds primary suites. 14 total bedrooms, 12 full baths plus 4 half baths. Legal basement suites are so easy to rent or one might try to Air BnB them and bring in more cash. Projected rental income is $14,000-$15,000 per month. Built to a higher standard with upgrades throughout such as: s.s. appliances, large windows, quartz counters and 9' ceilings on all 3 levels. Nice location with mature trees, minutes to downtown, college/university, restaurants shopping an transportation. (id:54626)

Property Details

Size

4,725 sq. ft.
9 total rooms across 2 floors
4 Beds
4 Baths
3 Full - 1 Partial

Parking

4 Parking Spaces
Detached Garage

Build

Year Built
2023
Model Name
-
Basement
Finished
Exterior
-
Foundation
-
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
-
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Rooms

Bedroom 3

Bedroom

Second Kitchen

Other

Bedroom 5

Bedroom

Living room

Living Room

Dining room

Dining Room

Kitchen

Kitchen

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
E4384744
Last Updated
May 9, 2024
Brokerage
Rimrock Real Estate
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