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Paul Paiva

luxury@elevaterealtygroup.ca +1(587) 415-1118

Listed by Jordan C Seitz • Real Broker

$ 1,599,900

Save

Active

1, 2, 3 - 12411 81 ST NW Edmonton, AB T5B 2T6

4 Beds

3.5 Baths

3,602 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,602 sqft

Price per Sqft $444

MLS® Listing ID E4470755

Bedrooms 4

Full Baths 3

Half Baths 1

Year Built 2025

Lot Size 4,821 Sqft

Acres 0.1106894

Property Sub-Type Triplex

Property Description

Brand New TRIPLEX with 3 LEGAL SUITES (6 RENTAL UNITS). Potential cap rate of 5.23%. Great addition to any portfolio with ability to cash flow immediately. Qualifies for CMHC MLI SELECT. Quick access to NAIT, Kingsway Mall & LRT (train) to Grant MacEwan, U of A, Downtown & ICE District. Three 2-Storey Suites with 3 bed/2.5 bath & Three 1 bed/bath BSMT SUITES. 3-bed plan with built in bench at entry & 5x5 storage room. Kitchen with pantry, quartz, vinyl plank & SS appliances. Tenants will enjoy 3 large bedrooms, 4pc bath, 4pc ensuite & upper laundry. RAISED FOUNDATION BASEMENT SUITES with large SOUTH facing windows. Effective Gross Income: $110,390. Operating Expenses: $26,692. Net Operating Income: $83,698. Be part of Edmonton's downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Interior photos not actual property (same plan). Price includes $76,185.71 in GST; apply for 100% GST rebate with Purpose-built Rental Housing Rebate. See GST/HST memorandum 19-3-9.

Location

Province AB

Area Elmwood Park

Zoning Zone 05

Rooms

Other Rooms Second Kitchen, Second Living Room

Basement Full, Finished

Separate Den/Office true

Interior

Heating Forced Air-2, Natural Gas

Flooring Carpet, Vinyl Plank

Appliance Dryer, Stacked Washer/Dryer, Stove-Electric, Stove-Gas, Washer, Refrigerators-Two, Dishwasher-Two, Microwave Hood Fan-Two

Exterior

Exterior Feature Back Lane, Paved Lane, Playground Nearby, Public Transportation, Schools, Shopping Nearby

Community Features Storage-In-Suite, Vinyl Windows, Infill Property

Roof Type Asphalt Shingles

Garage false

Building

Story 3

Foundation Concrete Perimeter

Architectural Style 2 Storey

Schools

Elementary Schools Delton School

Middle Schools Spruce Avenue School

High Schools Eastglen School

Others

Tax ID 0039314877

Ownership Agent/Seller has Interest,Private

REALTORS® Association of Edmonton (RAE VOW)

NEARBY SCHOOLS & PROPERTIES