University property investor! one of the kind: 3plex total 5 units: 17 beds + 17 baths + 3 half baths. This property is suitable for the CMHC MLI SELECT PROGRAM. Layouts are perfect for "university students". The property is projected to generate approximately $129,600 in annual gross rent and cap rate of 4.43%. Fully finished and equipped with all appliances and landscaping. Walk to train (LRT) station and 2 stops to University of Alberta. The project is estimated to be completed in the September/October 2025. Photos are 3D rendering for illustration purpose only.
Address
11436 78 AV NW
List Price
$1,930,000
Property Type
Commercial Sale
Area
Edmonton
Sub-Area
McKernan
Year Built
2024
MLS® Number
E4405461
Listing Brokerage
MaxWell Polaris
Postal Code
T6G 0N3
Zoning
Zone 15
Construction Materials
Wood Frame