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Elmwood Park · Edmonton, AB T5B 2T6

MLS® E4490039 · Listing courtesy of Real Broker

$7,283/mo

$1,479,900 list price · 4 bedrooms · 4 bathrooms · 3,602 sq ft · Triplex

What it costs to own

List price
$1,479,900
Down payment (10%)
$147,990
Mortgage
$1,331,910
Rate · amortization
4.34% · 25 years
Principal & interest
$7,283/mo

Principal and interest only. Property tax, insurance, utilities, condo fees and maintenance are extra.

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About this home

Builder includes one year of paid property management (conditions apply) and pressure-treated fence along north property line (value add of $25,000). Price includes GST ($70,471.43); get 100% of the GST back through the New Residential Rental Property Rebate Program (see GST/HST Memorandum 19-3-9). Brand New TRIPLEX with 3 LEGAL SUITES (6 RENTAL UNITS). Potential cap rate of 5.53%. Turnkey investment with immediate cash flow potential. Qualifies for CMHC MLI SELECT. Quick access to NAIT, Kingsway Mall & LRT to MacEwan, U of A, Downtown & ICE District. Three 2-storey 3 bed/2.5 bath suites plus three 1 bed/1 bath basement suites. Quartz, vinyl plank, pantry, SS appliances, upper laundry, built-in bench & 5x5 storage room. Raised foundation basement suites with large south-facing windows. EGI $111,744. Operating Expenses $29,936. NOI $81,808. Strong long-term appreciation potential. Interior photos are of the same floor plan, not this property. (id:66555)

Property details

Property

Style
Triplex
Year built
2025
Living area
3,602 square feet
MLS® number
E4490039

Interior

Bedrooms
4
Bathrooms
4
Basement
Finished, Full, Suite
Appliances
Washer, Gas stove(s), Dishwasher, Stove, Dryer, Washer/Dryer Stack-Up, Two Refrigerators

Systems

Heating
Forced air

Parking

Parking
Parking Pad

Lot & site

Lot features
Paved lane, Lane
Site influences
Paved lane, Lane
Community
Elmwood Park

Rooms

Main level

  • Living room—
  • Dining room—
  • Kitchen—

Upper Level

  • Primary Bedroom—
  • Bedroom 2—
  • Bedroom 3—

Basement

  • Bedroom 4—
  • Second Kitchen—

More homes in Elmwood Park

All 6 homes for sale in Elmwood Park, with what each one costs a month.

Listing courtesy of Real Broker. 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.