About MLS® E4470755
Brokerage Name:
Real Broker
Agent Name:
Jordan C Seitz
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.
Key Details
| MLS® # | E4470755 |
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| Price | $1,599,900 |
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| Bedrooms | 4 |
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| Bathrooms | 3.5 |
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| Square Footage | 3602.17 |
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| Property Type | Residential |
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| Subtype | Triplex |
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| Year Built | 2025 |
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| Zoning | Zone 05 |
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| Ownership | Agent/Seller has Interest,Private |
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| Direction Faces | West |
Location Information
| Address | 1, 2, 3 - 12411 81 ST NW |
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| Community | Elmwood Park |
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| City | Edmonton |
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| Province | AB |
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| Postal Code | T5B 2T6 |
Features & Amenities
- Dryer
- Stacked Washer/Dryer
- Stove-Electric
- Stove-Gas
- Washer
- Refrigerators-Two
- Dishwasher-Two
- Microwave Hood Fan-Two
- Back Lane
- Paved Lane
- Playground Nearby
- Public Transportation
- Schools
- Shopping Nearby
- Forced Air-2
- Natural Gas
- Concrete Perimeter
- Asphalt Shingles
- Storage-In-Suite
- Vinyl Windows
- Infill Property
- Parking Pad Cement/Paved
Map Location