Investor Alert! Next to future LRT TRAIN station. Multi-family 4plex in Meadowlark Edmonton. The project is facing future PARK and next to future LRT Train station. The 4plex total 7 UNITS: Upstairs-5156 sqft: 4 units (3 beds) & Basement-2556 sqft: 3 units (2 beds). Upstairs each unit is around 1285 - 1293 sf. Basement each unit is around 639 sqft. The project layouts are designed for Between "Downtown & West Mall public transport commuters". The property is projected to generate approximately $152,400 in annual gross rent and cap rate of 4.62%. Support CMHC MLI Select program. Fully finished and equipped with all appliances and landscaping. Walk to the train (LRT) station between West Mall and the Downtown route. The project is estimated to be completed end of Summer 2025. Currently, it is at the framing stage. Photos are 3D rendering for illustration purpose only.
Address
9416 156 ST NW NW
List Price
$2,156,000
Property Type
Commercial Sale
Area
Edmonton
Sub-Area
Meadowlark Park (Edmonton)
Year Built
2024
MLS® Number
E4415740
Listing Brokerage
MaxWell Polaris
Postal Code
T5R 1Z4
Zoning
Zone 22
Construction Materials
Wood Frame