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11411 88 St Nw Edmonton, Alberta T5B 3P9

4 Bedroom 4 Bathroom 3600 Sqft
Forced Air

$1,589,900

TRIPLEX with THREE LEGAL SUITES (total of SIX RENTAL UNITS) located in Parkdale. Three 2-Storey Suites w/ 3 bed/2.5 bath & Three 1 bed/1 bath BSMT SUITES. Will qualify for CMHC MLI SELECT FINANCING. Quick access to Nait, Grant MacEwan, U of A, Campus Saint-Jean by LRT or walk/bus to Concordia. Close to Downtown, ICE District, Kingsway Mall, Royal Alexandra & Glenrose Hospital. Potential monthly rental income of $9,750 w/ annual gross revenue of $117,000 & cap rate of 5%. 3-bedroom plan boasts built in bench at entry & 5ftx5ft main floor storage room. Kitchen w/ pantry, quartz counters, vinyl plank flooring & stainless-steel appliances. Tenants will enjoy 3 large bedrooms, 4pc bath, 4pc ensuite & upper-level laundry. BSMT SUITES w/ large SOUTH facing windows for plenty of natural light. Landscaped yard w/ 3 TANDEM ENERGIZED parking stalls. Be part of Edmontons downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering image used. (id:58356)

Property Details

MLS® Number E4409070
Property Type Single Family
Neigbourhood Parkdale (Edmonton)
Amenities Near By Playground, Public Transit, Schools, Shopping
Community Features Public Swimming Pool
Features See Remarks, Paved Lane, Lane

Building

Bathroom Total 4
Bedrooms Total 4
Appliances Dryer, Washer/dryer Stack-up, Washer, See Remarks, Refrigerator, Two Stoves, Dishwasher
Basement Development Finished
Basement Features Suite
Basement Type Full (finished)
Constructed Date 2024
Construction Style Attachment Attached
Half Bath Total 1
Heating Type Forced Air
Stories Total 2
Size Interior 3600 Sqft
Type Triplex

Parking

Rear
See Remarks

Land

Acreage No
Land Amenities Playground, Public Transit, Schools, Shopping
Size Irregular 505.63
Size Total 505.63 M2
Size Total Text 505.63 M2

Rooms

Level Type Dimensions
Basement Bedroom 4 Measurements not available
Basement Second Kitchen Measurements not available
Main Level Living Room Measurements not available
Main Level Dining Room Measurements not available
Main Level Kitchen Measurements not available
Upper Level Primary Bedroom Measurements not available
Upper Level Bedroom 2 Measurements not available
Upper Level Bedroom 3 Measurements not available