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11411 88 St Nw Edmonton, Alberta T5B 3P9

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3600 sqft

$1,589,900

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:43352)

Property Details

MLS® Number E4409089
Property Type Multi-family
Neigbourhood Parkdale (Edmonton)
Amenities Near By Shopping, Public Transit, Schools
Community Features Public Swimming Pool
Features Paved Lane, Lane
Parking Space Total 6

Building

Constructed Date 2024
Size Interior 3600 Sqft

Land

Acreage No
Land Amenities Shopping, Public Transit, Schools
Size Irregular 5443
Size Total 5443 Sqft
Size Total Text 5443 Sqft

https://www.realtor.ca/real-estate/27505578/11411-88-st-nw-edmonton-parkdale-edmonton

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