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$1,599,900
11939 101 ST NW
Edmonton, Alberta, Alberta, T5G2B8
MLS® Number: E4430654
Property description
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.
Building information
Type
*****
Amenities
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Appliances
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Basement Development
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Basement Features
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Basement Type
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Constructed Date
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Construction Style Attachment
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Half Bath Total
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Heating Type
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Size Interior
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Stories Total
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Land information
Amenities
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Size Irregular
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Size Total
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Rooms
Upper Level
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Main level
Kitchen
*****
Dining room
*****
Living room
*****
Basement
Second Kitchen
*****
Bedroom 4
*****
Upper Level
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Main level
Kitchen
*****
Dining room
*****
Living room
*****
Basement
Second Kitchen
*****
Bedroom 4
*****
Upper Level
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Main level
Kitchen
*****
Dining room
*****
Living room
*****
Basement
Second Kitchen
*****
Bedroom 4
*****
Upper Level
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Main level
Kitchen
*****
Dining room
*****
Living room
*****
Basement
Second Kitchen
*****
Bedroom 4
*****
Upper Level
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Main level
Kitchen
*****
Dining room
*****
Living room
*****
Basement
Second Kitchen
*****
Bedroom 4
*****
Upper Level
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Main level
Kitchen
*****
Dining room
*****
Living room
*****
Basement
Second Kitchen
*****
Bedroom 4
*****
Upper Level
Bedroom 3
*****
Bedroom 2
*****
Courtesy of Real Broker
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