12502 117 Av Nw
117 Ave NW, Central Edmonton, Edmonton, AB, T5M 0N6
Quick Summary
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
Parking
Build
Heating & Cooling
Rooms
Bedroom 3
Bedroom
Second Kitchen
Other
Bedroom 5
Bedroom
Living room
Living Room
Dining room
Dining Room
Kitchen
Kitchen
Ownership Details
Ownership
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For Sale Nearby
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