Price includes $73,804.76 GST; get 100% of the GST back through the New Residential Rental Property Rebate Program (see GST/HST memorandum 19-3-9). 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: $110,704. Operating Expenses: $29,676. Net Operating Income: $81,028. Be part of Edmonton’s downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Interior pics not actual (same plan). (id:51989)
Features of 12411 81 Street Nw
- MLS® Number 44202510
- Price $1,549,900
- Square Footage: 3602 sqft
Buildings
| Constructed Date | 2025 | Size Interior | 3602 Sqft |
Land
| Acreage | No | Size Irregular | 4821.898184136 |
| Size Total | 4821.8982 Sqft|under 1/2 Acre | Size Total Text | 4821.8982 Sqft|under 1/2 Acre |
Agents and Offices
- Jordan C. Seitz
- Office: Real Broker