Ready MAY 2026. 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). Completed building may vary from photos. Property Taxes to be reassessed by City. (id:51989)
Features of 1, 2, 3 - 12411 81 St Nw
- MLS® Number E4470755
- Price $1,599,900
- Bedrooms: 4
- Bathrooms: 4
- Square Footage: 3602 sqft
- Property Type: Triplex
- Neigbourhood: Elmwood Park
- Amenities Near By Playground, Public Transit, Schools, Shopping
- Features Paved Lane, Lane
Buildings
| Bathroom Total | 4 | Bedrooms Total | 4 |
| Amenities | Vinyl Windows | Appliances | Dryer, Washer/dryer Stack-up, Stove, Gas Stove(s), Washer, Refrigerator, Dishwasher |
| Basement Development | Finished | Basement Features | Suite |
| Basement Type | Full (finished) | Constructed Date | 2025 |
| Construction Style Attachment | Attached | Half Bath Total | 1 |
| Heating Type | Forced Air | Stories Total | 2 |
| Size Interior | 3602 Sqft | Type | Triplex |
Parking
| Parking Pad |
Land
| Acreage | No | Land Amenities | Playground, Public Transit, Schools, Shopping |
| Size Irregular | 447.96 | Size Total | 447.96 M2 |
| Size Total Text | 447.96 M2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom 4 | Measurements not available | ||
| Basement | Second Kitchen | Measurements not available | ||
| Main Level | Living Room | Measurements not available | ||
| Main Level | Dining Room | Measurements not available | ||
| Main Level | Kitchen | Measurements not available | ||
| Upper Level | Primary Bedroom | Measurements not available | ||
| Upper Level | Bedroom 2 | Measurements not available | ||
| Upper Level | Bedroom 3 | Measurements not available |
Agents and Offices
- Jordan C. Seitz
- Office: Real Broker