Ready June 2026. Brand New TRIPLEX with 3 LEGAL SUITES (6 RENTAL UNITS) SEPARATELY METERED for ALL UTILITIES. Potential cap rate of 5.13%. 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 rm. 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 #11939, 11941, 11943 101 St Nw
- MLS® Number E4468710
- Price $1,630,000
- Bedrooms: 4
- Bathrooms: 4
- Square Footage: 3605 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 | 3605 Sqft | Type | Triplex |
Parking
| Rear | |
| Stall | |
| See Remarks |
Land
| Acreage | No | Land Amenities | Public Transit, Schools, Shopping |
| Size Irregular | 427.75 | Size Total | 427.75 M2 |
| Size Total Text | 427.75 M2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom 4 | 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