Listed By:
Courtesy of Jeneen L Marchant of RE/MAX Real Estate.
Address
7513 89 St Nw, Edmonton, AB
Price
$ 1,850,000
Property Attributes
  • ID#E4506845
  • TypeMulti-Family
  • Listing Status Active
  • CityEdmonton
  • AreaEdmonton
  • NeighbourhoodAvonmore
  • Postal CodeT6C 0J4
  • Style2 and Half Storey
  • Year Built2019
  • Price$ 1,850,000
  • Bedrooms10
  • Full Bathrooms9
  • Half Bathrooms3
  • Sqr Footage4464
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

Living Area 4464.69
Heating Forced Air-1,Natural Gas
Roof Asphalt Shingles
Appliances See Remarks
Zoning Zone 17
Architectural Style 2 and Half Storey
Construction Materials Wood,Stucco,Hardie Board Siding
Year Built 2019
Levels 4
Property Subtype Triplex
Ownership Private
Parcel Number 0038690699
Community Features On Street Parking,Ceiling 9 ft.,Deck,Detectors Smoke,No Smoking Home,Rooftop Deck/Patio
Building Name No Name
Property Type Residential
Facing Direction West
Garage Y/N true
Full Baths 9
Status Active
City Edmonton
MLS Area Avonmore
Living Area Units Square Feet
Standard Status Active
Virtual Tour https://3dtour.listsimple.com/p/rWAX37kD
Lot Shape Irregular
Parking Plan Type Assigned
Restrictions None Known
Primary Property Type Condo
Separate Entrance true
Title to Land Fee Simple

Interior Features

Interior Amenities ensuite bathroom
Basement Full,Finished
Flooring Carpet,Vinyl Plank
Fireplace Features Insert
Kitchen Level Main
Heating Y/N true
Half Baths 3
Total Bedrooms 10
Grade Level Entry Y/N No
Living Room Level Main
Room Type LivingRoom,DiningRoom,Kitchen,FamilyRoom,Den,BonusRoom,MasterBedroom,Bedroom2,Bedroom3,Bedroom4
Dining Room Dimensions 10.4x7.1
Kitchen Dimensions 10.8x11.8
Living Room Dimensions 11.8x11.4
Den Dimensions 8.7x5.7
Bonus Room Dimensions 15.1x12.4
Bedroom 4 Dimensions 8.7x8.9
Bedroom 3 Dimensions 8.5x9.6
Bedroom 2 Dimensions 8.8x11.2
Family Room Level Lower
Dining Room Level Main
RoomFamilyRoomDimensions 7.6x8.9
RoomMasterBedroomDimensions 13.1x11.5

Exterior Features

Exterior Amenities Back Lane,Backs Onto Park/Trees,Flat Site,Low Maintenance Landscape,Not Fenced,Park/Reserve,Playground Nearby,Public Transportation,Ravine View,Schools,Shopping Nearby
Parking Features Triple Garage Detached
Total Parking 6
Lot Size Area 179.87
Foundation Details Concrete Perimeter

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 Multi-Family Average in T6C 0J4

Statistics provided by Inside Real Estate

Price
AVG $1.85M
$1.85M
Year Built
AVG 2019
2019

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