Multi-Family Residential Building for Sale
Property For Sale In Westwood (edmonton), Edmonton
- MLS®#: E4430866
- Price: $1,599,900
- Year Built: 2025
TRIPLEX w/ 3 LEGAL SUITES (6 RENTAL UNITS) qualifying for CMHC MLI SELECT. Cash-on-Cash Return of 51.69% (SELF MANAGED) or 39.99% (MANAGED) w/ GST rebate, financing, appraisal & legal fees considered. Projected monthly rent is $10,050 w/ annual gross revenue of $120,600 & cap rate of 5.66-6.25%. Cash Flow After Debt Service - SELF MANAGED $25,462 or $16,103 MANAGED. LRT access to Grant MacEwan, U of A, Downtown, ICE District. Close to Kingsway Mall, Royal Alex & Glenrose Hospital. Three 2-Storey Suites w/ 3 bed/2.5 bath & Three 1 bed/bath BSMT SUITES. 3-bed plan w/ built in bench at entry & 5ž5 storage. Kitchen w/ pantry, quartz, vinyl plank & SS appliances. Tenants enjoy 3 large bedrms, 4pc bath, 4pc ensuite & upper laundry. BSMT SUITES w/ large SOUTH windows. 3 ENERGIZED parking stalls. Final lot grading. Wrapped foundation. Be part of Edmonton's downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering used. Ready MAR 2026.
Contact Elisse Moreno About MLS® E4430866
Elisse Moreno, 1.587.400.SOLD (7653) at Elisse Moreno (REALTORS® with RE/MAX Real Estate), Suite 200, 10835 – 124th Street NW, Edmonton, Alberta, T5M 0H4
property information
- Property Type: Multi-Family Residential Building
- MLS®#: E4430866
- Year Built: 2025
Community Information
- Neighbourhood: Westwood (Edmonton)
- City: Edmonton
- Postal Code: T5G 2B8
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