$1,550,000 list price · 10 bedrooms · 12 bathrooms · 3,240 sq ft · Triplex
What it costs to own
- List price
- $1,550,000
- Down payment (10%)
- $155,000
- Mortgage
- $1,395,000
- Rate · amortization
- 4.34% · 25 years
- Principal & interest
- $7,628/mo
Principal and interest only. Property tax, insurance, utilities, condo fees and maintenance are extra.
About this home
Exceptional multifamily investment on a desirable corner lot, offering 15 bedrooms, 12 bathrooms, and 6 self-contained living spaces. This brand-new Triplex includes 3 legal secondary basement suites, designed for strong rental potential and long-term portfolio growth. Each upper residence features 3 beds, 2.5 baths, with functional layouts ideal for professionals and families. Each legal secondary suite offers 2 bedrooms, 1 bathroom, creating 6 rental units under one property. With approximately 5000 sq. ft. of total developed living area, including 3,240 sq. ft. above grade, this impressive income-producing property is projected to generate approximately $11,250/month or $135,000 annually in gross rental income. The property will be delivered fully finished and includes 6 complete appliance packages and landscaping, providing a turnkey opportunity for investors. This project qualifies for the CMHC MLI Select Program. A rare opportunity to own a brand-new multifamily property in central Edmonton. (id:66555)
Property details
Property
- Style
- Triplex
- Year built
- 2026
- Living area
- 3,240 square feet
- MLS® number
- E4504261
Interior
- Bedrooms
- 10
- Bathrooms
- 12
- Basement
- Finished, Full, Suite
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Systems
- Heating
- Forced air
Parking
- Parking
- Parking Pad
City assessment
- Assessed value
- $213,500 (2025)
- Assessment class
- Residential
Lot & site
- Lot size
- 453 m² (4,875 sq ft)
- Lot features
- Corner Site, No Animal Home, No Smoking Home
- Site influences
- Corner Site, No Animal Home, No Smoking Home
- Community
- Alberta Avenue
Rooms
Main level
- Living room—
- Dining room—
- Kitchen—
Upper Level
- Primary Bedroom—
- Bedroom 2—
- Bedroom 3—
- Bedroom 4—
- Bedroom 5—
- Bedroom 6—
- Additional bedroom—
- Bedroom—
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Listing courtesy of Exp Realty. 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.