Ready MAY 2026. 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: $110,390. 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.
Address
1, 2, 3 - 12411 81 ST NW
List Price
$1,599,900
Property Type
Residential
Type of Dwelling
Triplex
Style of Home
2 Storey
Transaction Type
Sale
Area
Edmonton
Sub-Area
Elmwood Park
Bedrooms
4
Bathrooms
4
Half Bathrooms
1
Floor Area
3,602 Sq. Ft.
Lot Size
4821.80 Sq. Ft.
Lot Shape
Rectangular
Year Built
2025
MLS® Number
E4470755
Listing Brokerage
Real Broker
Postal Code
T5B 2T6
Zoning
Zone 05
Parking
Parking Pad Cement/Paved
Community Features
Storage-In-Suite, Vinyl Windows, Infill Property
Exterior Features
Back Lane, Paved Lane, Playground Nearby, Public Transportation, Schools, Shopping Nearby
Heat Type
Forced Air-2, Natural Gas
Construction Materials
Wood, Vinyl
Direction Faces
West
Foundation Details
Concrete Perimeter
Garage Type
No
Roof
Asphalt Shingles
Access To Property
Paved