Ready June 2026. Brand New TRIPLEX with 3 LEGAL SUITES (6 RENTAL UNITS) SEPARATELY METERED for ALL UTILITIES. Potential cap rate of 5.13%. 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 rm. 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
#11939, 11941, 11943 101 ST NW
List Price
$1,630,000
Property Type
Residential
Type of Dwelling
Triplex
Style of Home
2 Storey
Transaction Type
Sale
Area
Edmonton
Sub-Area
Westwood (Edmonton)
Bedrooms
4
Bathrooms
4
Half Bathrooms
1
Floor Area
3,605 Sq. Ft.
Lot Size
4604.26 Sq. Ft.
Lot Shape
Rectangular
Year Built
2025
MLS® Number
E4468710
Listing Brokerage
Real Broker
Postal Code
T5G 2B8
Zoning
Zone 08
Parking
Rear Drive Access, Stall, See Remarks
Community Features
Off Street Parking, On Street Parking, Hot Water Tankless, Storage-In-Suite, Vinyl Windows, Infill Property, 9 ft. Basement Ceiling
Exterior Features
Back Lane, Paved Lane, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Interior Features
ensuite bathroom
Heat Type
Forced Air-2, Natural Gas
Construction Materials
Wood, Vinyl
Direction Faces
West
Foundation Details
Concrete Perimeter, See Remarks
Garage Type
No
Roof
Asphalt Shingles
Access To Property
Paved