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 $141,600 in annual gross rent and cap rate of 5%. 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 Summer 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