12411 81 Street NW
Edmonton, AB T5B 2T6Northeast Edmonton
Listing Agent: Jordan C Seitz
Brokerage: Real Broker
Description
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.
Property Overview
Interior Details
Exterior Details
Parking
Heating & Utilities
Community & Location
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Estimated Monthly Payment
Loan Amount
$1,279,920
Total Interest
$-1,279,920
*This estimate does not include property taxes, insurance, or heating costs.
Quick Tip: A higher down payment reduces your monthly cost and the total interest paid over the life of your mortgage. In Canada, down payments less than 20% usually require mortgage default insurance (CMHC).
Listing Information
Map and amenities data are obtained from OpenStreetMap and not from the REALTORS® Association of Edmonton MLS® System.
Listing information last updated on April 4, 2026 at 7:09 a.m. MST.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Location & Nearby Amenities
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Map and amenities data are obtained from OpenStreetMap and not from the REALTORS® Association of Edmonton MLS® System.