A rare investment opportunity of 4-plex featuring 4 legal basement suites, providing 8 self-contained residential units on a sought-after corner lot in Ottewell. Each main residence features 3 bedrooms, 2 full bathrooms and a main-floor powder room.Each secondary suite offers 2 bedrooms, 1 bathroom. Designed with modern finishes, stainless steel appliances, quartz countertops, cabinetry and durable vinyl flooring. Contemporary exterior features stucco, luxury stone and siding. Fully landscaped with all appliances, blinds included and separately metered utilities. The project is eligible for CMHC MLI Select financing, offering an attractive opportunity for investors seeking favourable multi-family financing options. Projected gross annual income of approximately $165,000–$180,000. Conveniently located near schools, parks, playgrounds, transit, shopping, major roadways and Edmonton’s River Valley. An exceptional turnkey investment opportunity in an established community. (id:51989)
Features of 6716 97 Av Nw
- MLS® Number E4507556
- Price $2,300,000
- Bedrooms: 5
- Bathrooms: 4
- Square Footage: 5110 sqft
- Property Type: Fourplex
- Neigbourhood: Ottewell
- Amenities Near By Public Transit, Schools, Shopping
- Features Corner Site, Closet Organizers
Buildings
| Bathroom Total | 4 | Bedrooms Total | 5 |
| Amenities | Ceiling - 9ft | Appliances | Dishwasher, Dryer, Hood Fan, Refrigerator, Stove, Washer, Window Coverings, See Remarks |
| Basement Development | Finished | Basement Features | Suite |
| Basement Type | Full (finished) | Constructed Date | 2026 |
| Construction Style Attachment | Attached | Half Bath Total | 1 |
| Heating Type | Forced Air | Stories Total | 2 |
| Size Interior | 5110 Sqft | Type | Fourplex |
Parking
| Parking Pad |
Land
| Acreage | No | Fence Type | Fence |
| Land Amenities | Public Transit, Schools, Shopping | Size Irregular | 705.64 |
| Size Total | 705.64 M2 | Size Total Text | 705.64 M2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom 4 | Measurements not available | ||
| Basement | Bedroom 5 | 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
- . Amrinder Singh
- Office: Venus Realty