Listed By:
Courtesy of Jeneen L Marchant of RE/MAX Real Estate.
Address
7513 89 Street, Edmonton, YT
Price
$ 1,850,000
Property Attributes
  • ID#45575750
  • TypeCommercial
  • Listing Status Active
  • CityEdmonton
  • AreaEdmonton
  • Postal CodeY6C 0X5
  • Style
  • Year Built2020
  • Price$ 1,850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
REALTORS® Association Of Edmonton - RAE
Property Description

Talk about an income property! This triplex with legal basement suites gives you 6 units, a current net monthly profit of $8,995 (after expenses), and a cap rate of 5.83%! This property is very well maintained, and is only a few years old with ACTUAL known rental amounts and expenses versus brand new builds that are pure speculation. The upgraded finishings throughout are appealing to tenants as the comfort and stylish decor makes it an ideal rental. All three main units have between 1470-1508sqft, three bedrooms, 2.5 bathrooms, a garage bay in the triple garage, laundry, and an amazing loft with third story West-facing balcony that you can enjoy those ravine views! All three basement suites have their own separate entry, laundry, and are rented fully furnished. Located backing a park, literally steps to Mill Creek ravine and the trendy restaurants on the other side of it, your tenants will love the location! Make a solid long-term investment with this fantastic property!

* Sold date and price as reported on the RAE's MLS® System.

General Features

Year Built 2020
Property Type Commercial Sale
Status Active
City Edmonton
Living Area Units Square Feet
Standard Status Active
Virtual Tour https://3dtour.listsimple.com/p/rWAX37kD
Primary Property Type Multi-Family Commercial

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in Y6C 0X5

Statistics provided by Inside Real Estate

Price
AVG $1.85M
$1.85M
Year Built
AVG 2020
2020

Areas We Cover