11411 88 ST NW
11411 88 ST NW
Active
$1,589,900
Description
TRIPLEX with THREE LEGAL SUITES (total of SIX RENTAL UNITS) located in Parkdale. Three 2-Storey Suites w/ 3 bed/2.5 bath & Three 1 bed/1 bath BSMT SUITES. Will qualify for CMHC MLI SELECT FINANCING. Quick access to Nait, Grant MacEwan, U of A, Campus Saint-Jean by LRT or walk/bus to Concordia. Close to Downtown, ICE District, Kingsway Mall, Royal Alexandra & Glenrose Hospital. Potential monthly rental income of $9,750 w/ annual gross revenue of $117,000 & cap rate of 5%. 3-bedroom plan boasts built in bench at entry & 5ftx5ft main floor storage room. Kitchen w/ pantry, quartz counters, vinyl plank flooring & stainless-steel appliances. Tenants will enjoy 3 large bedrooms, 4pc bath, 4pc ensuite & upper-level laundry. BSMT SUITES w/ large SOUTH facing windows for plenty of natural light. Landscaped yard w/ 3 TANDEM ENERGIZED parking stalls. Be part of Edmontons downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering image used. (id:59938)
Additional Details
- LOT SIZE AREA: 5443
- LOT SIZE DIMENSIONS: 5443
- LOT SIZE UNITS: square feet
- ORIGINAL ENTRY TIMESTAMP: 2024-10-04T18:46:47.25Z
- MODIFICATION TIMESTAMP: 2024-10-23T12:56:04.55Z
- LIST PRICE: 1589900
- YEAR BUILT: 2024
- LIVING AREA: 3600
- LIVING AREA UNITS: square feet
- PARKING TOTAL: 6
- PARCEL NUMBER: 4230108
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30 Years Fixed, 3.5% Interest
- Principle and Interest
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