Attention investors! Introducing Olympia, a brand-new 6-unit triplex development located in Queen Mary Park, just minutes from downtown Edmonton. This purpose-built property offers approximately 5,600 sq. ft. of living space, with six self-contained, separately metered units designed for strong rental demand. The unit mix includes two 3-bedroom units, one unit with dual primary bedroom suites, two legal 2-bedroom suites, and one 1-bedroom unit, appealing to a broad tenant base. Features include quartz countertops, vinyl plank flooring, stainless steel appliances, 9-ft ceilings, landscaping, and a detached triple garage, plus ample on-site and street parking. CMHC MLI Select qualified, requiring as little as 5% down, with projected annual rental income of approximately $138,000. Estimated completion Q3 2026. Prime location within walking distance to Kingsway Mall, Royal Alexandra Hospital, NAIT, LRT, and major amenities. (id:51989)
Features of 11347 111 Av Nw
- MLS® Number E4469231
- Price $1,858,888
- Bedrooms: 10
- Bathrooms: 12
- Square Footage: 3738 sqft
- Property Type: Triplex
- Neigbourhood: Queen Mary Park
- Amenities Near By Golf Course, Playground, Public Transit, Shopping
- Features See Remarks, Closet Organizers, No Animal Home, No Smoking Home, Level
Buildings
| Bathroom Total | 12 | Bedrooms Total | 10 |
| Amenities | Ceiling - 9ft | Appliances | Dishwasher, Dryer, Garage Door Opener Remote(s), Garage Door Opener, Hood Fan, Oven - Built-in, Refrigerator, Gas Stove(s), Washer, Window Coverings |
| Basement Development | Finished | Basement Features | Suite |
| Basement Type | Full (finished) | Constructed Date | 2026 |
| Construction Style Attachment | Attached | Fire Protection | Smoke Detectors |
| Half Bath Total | 3 | Heating Type | Forced Air |
| Stories Total | 2 | Size Interior | 3738 Sqft |
| Type | Triplex |
Parking
| Detached Garage |
Land
| Acreage | No | Land Amenities | Golf Course, Playground, Public Transit, Shopping |
| Size Irregular | 566.77 | Size Total | 566.77 M2 |
| Size Total Text | 566.77 M2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| 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 | ||
| Upper Level | Bedroom 4 | Measurements not available | ||
| Upper Level | Bedroom 5 | Measurements not available | ||
| Upper Level | Bedroom 6 | Measurements not available | ||
| Upper Level | Additional Bedroom | Measurements not available | ||
| Upper Level | Bedroom | Measurements not available |
Agents and Offices
- Jas Ahluwalia
- Office: Real Broker