Courtesy Of Jordan C Seitz Of Real Broker

11411 88 Street, Edmonton, AB

$1,589,900

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About 11411 88 Street

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 Edmonton’s downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering image used.

Features of 11411 88 Street

MLS® # E4416137
Price $1,589,900
Bathrooms 0.00
Acres 0.00
Year Built 2024
Type Multi-Family Commercial
Status Active

Community Information

Address 11411 88 Street
Area Edmonton
Subdivision Parkdale (Edmonton)
City Edmonton
County ALBERTA
Province AB
Postal Code T5B 3P9

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Wood Frame
Construction Wood Frame

Additional Information

Date Listed December 15th, 2024
Days on Market 8
Zoning Zone 05
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Jordan C Seitz Of Real Broker

Listing Map