Builder includes one year of paid property management (conditions apply) and pressure-treated fence along north & south property lines (value add of $30,000). Price includes $71,423.81; get 100% of the GST back through the New Residential Rental Property Rebate Program (see GST/HST Memorandum 19-3-9). Brand New TRIPLEX with 3 LEGAL SUITES (6 RENTAL UNITS). Potential cap rate of 5.37%. Turnkey investment with immediate cash flow potential. Qualifies for CMHC MLI SELECT. Quick access to NAIT, Kingsway Mall & LRT to MacEwan, U of A, Downtown & ICE District. Three 2-storey 3 bed/2.5 bath suites plus three 1 bed/1 bath basement suites. Quartz, vinyl plank, pantry, SS appliances, upper laundry, built-in bench & 5x5 storage room. Raised foundation basement suites with large south-facing windows. EGI $110,016. Operating Expenses $29,504. NOI $80,512. Strong long-term appreciation potential. Interior photos are of the same floor plan, not this property.
Data was last updated July 9, 2026 at 07:30 PM (UTC)
Area Statistics
Listings on market:
97
Avg list price:
$279,900
Min list price:
$108,000
Max list price:
$1,670,000
Avg days in system:
43
Min days in system:
1
Max days in system:
812
Avg price per sq.ft.:
$305.99
These statistics are generated based on the current listing's property type
and located in
Zone 05. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on July 9, 2026 at 07:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.