$895,000 list price · 10 bedrooms · 8 bathrooms · 2,574 sq ft · Bi-level house
What it costs to own
- List price
- $895,000
- Down payment (10%)
- $89,500
- Mortgage
- $805,500
- Rate · amortization
- 4.34% · 25 years
- Principal & interest
- $4,404/mo
Principal and interest only. Property tax, insurance, utilities, condo fees and maintenance are extra.
About this home
The BEST 4 PLEX you can buy! 12 BEDROOMS and 4 x 1.5 BATHS! Amazing investment opportunity with 4 LARGE units! Great suite layouts with all suites having 3 BEDROOMS and 1.5 baths! All have IN-SUITE LAUNDRY on the main floor! All units have their own power, gas and water meter. Tenants pay all of the utilities with their own providers. Well MAINTAINED, SHINGLES done last year, 2 of the 4 units had furnaces replaced approx. 2 years ago, hot water tanks 5-7 years ago in all units. 5.87% cap rate, 5.58% if you add a 5% vacancy metric, (sellers have always had 100% occupancy). All units are in VERY GOOD CONDITION with different UPGRADES done to each, from flooring, to kitchens and mechanical. Located on a TREELINED STREET, in Delton. GENEROUS yard and outdoor area. Loads of PARKING in the rear! Most are long term tenants, with the current ownership over 30 years, its a great property all around, see it you'll LOVE this place! (id:66555)
Property details
Property
- Style
- Bi-level
- Year built
- 1978
- Living area
- 2,574 square feet
- MLS® number
- E4485626
Interior
- Bedrooms
- 10
- Bathrooms
- 8
- Basement
- Finished, Full, Suite
- Appliances
- —
Systems
- Heating
- Forced air, See remarks
Parking
- Parking
- Stall, Rear, See Remarks
City assessment
- Assessed value
- $810,000 (2025)
- Assessment class
- Other Residential
Lot & site
- Lot size
- 832 m² (8,955 sq ft)
- Lot features
- Flat site
- Site influences
- Flat site
- Community
- Delton
Rooms
Main level
- Living room3.68 × 5.42 meters
- Dining room3.64 × 2.49 meters
- Kitchen3.64 × 2.87 meters
Basement
- Primary Bedroom2.96 × 4.12 meters
- Bedroom 24.31 × 2.43 meters
- Bedroom 33.23 × 2.75 meters
- Bedroom 44.12 × 2.96 meters
- Bedroom 52.41 × 4.3 meters
- Bedroom 62.74 × 3.23 meters
- Additional bedroom2.97 × 4.1 meters
- Bedroom4.31 × 2.39 meters
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Listing courtesy of REMAX River City. Listing data is provided under copyright by the REALTORS® Association of Edmonton via the CREA Data Distribution Facility (DDF®). Information is deemed reliable but is not guaranteed accurate by CREA, the board, or Padster, and should be independently verified. Not intended to solicit properties currently listed for sale.