TRIPLEX w/ 3 LEGAL SUITES (6 RENTAL UNITS) qualifying for CMHC MLI SELECT. Cash-on-Cash Return of 47.92% (SELF MANAGED) or 36.57% (MANAGED) w/ GST rebate, financing, appraisal & legal fees considered. Projected monthly rent is $9,750 w/ annual gross revenue of $117,000 & cap rate of 5.49-6.06%. Cash Flow After Debt Service - SELF MANAGED $22,442 or $13,363 MANAGED. LRT access to Grant MacEwan, U of A, Downtown, ICE District. Close to Kingsway Mall, Royal Alex & Glenrose Hospital. Three 2-Storey Suites w/ 3 bed/2.5 bath & Three 1 bed/bath BSMT SUITES. 3-bed plan w/ built in bench at entry & 5x5 storage. Kitchen w/ pantry, quartz, vinyl plank & SS appliances. Tenants enjoy 3 large bedrms, 4pc bath, 4pc ensuite & upper laundry. BSMT SUITES w/ large SOUTH windows. 3 ENERGIZED parking stalls. Final lot grading. Wrapped foundation. Be part of Edmonton’s downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering used. Ready FEB 2026. (id:51989)
Features of 11939 101 St Nw
- MLS® Number E4430654
- Price $1,599,900
- Bedrooms: 4
- Bathrooms: 4
- Square Footage: 3600 sqft
- Property Type: Triplex
- Neigbourhood: Westwood (Edmonton)
- Amenities Near By Public Transit, Schools, Shopping
- Community Features Public Swimming Pool
- Features Paved Lane, Lane
Buildings
| Bathroom Total | 4 | Bedrooms Total | 4 |
| Amenities | Vinyl Windows | Appliances | Dryer, Washer/dryer Stack-up, Washer, See Remarks, Refrigerator, Two Stoves, 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 | 3600 Sqft | Type | Triplex |
Parking
| Rear | |
| Stall | |
| See Remarks |
Land
| Acreage | No | Land Amenities | Public Transit, Schools, Shopping |
| Size Irregular | 428.23 | Size Total | 428.23 M2 |
| Size Total Text | 428.23 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