For saleJust listed

3 days ago

$2.35M

Edmonton, Alberta, T5N2P2

Lot size 9,199 sq ft (0.21 ac)

Listed by REMAX River City

For saleJust listed

3 days ago

$1.10M

Edmonton, Alberta, T5A2A1

Lot size 6,487 sq ft (0.14 ac)

Listed by MaxWell Devonshire Realty

Listed by REMAX River City

For sale

7 days ago

$7.50M

Edmonton, Alberta, T5T3Y4

48 pkLot size 31,468 sq ft (0.72 ac)

Listed by Century 21 All Stars Realty Ltd

Investment analysis

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$930,000

Edmonton

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$930,000

For sale

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Address not available, Edmonton - Multi-family for Sale

Edmonton, Alberta, T5K1N9

7 parking3,049 ft²6,451 sq ft (0.14 ac) lot sizeListed 26 days ago

Overview

This multi-family property in Edmonton is for sale offering roughly 3,049 sq ft of space. It has been on the market 26 days, fresher than the Edmonton average of 62 days.

Multi-Family Properties for Sale in Edmonton →All real estate in Edmonton →

Description

RARE OPPORTUNITY to own this 5-Plex in the Heart of Downtown! Excellently maintained - Family owned & Operated for Decades ! Featuring 2 x 2 Bedroom Units upstairs, 2 x 1 Bedroom Units in the basement & a 3 Bedroom Spacious Main floor Unit. This property could operate @ a 4.94% Cap Rate with an operating Annual rent of $79,200 - EASILY! Great Holding Property with Large Scale Zoning! This property is Very Turn Key and features Multiple Entrances for complete tenant/owner privacy PLUS a 33 x 22 Triple Car Garage along with about 5 Exterior parking stalls on the driveway. The owners fenced backyard is a Beautiful Peaceful serenity amongst the busy vibrant life of downtown! All Fire Code permits are up to date. This is the Opportunity to be a few steps from Jasper Avenue in a Centralized portion of Downtown. Excellent Purchase for Large Family / Investors to Buy & Hold or Develop! (id:66096)

Property Details

MLS®: 45746774
Property Type: Multi-family
Parking: 7
Interior Size: 3,049 ft²
Lot Size: 6,451 sq ft (0.14 ac)
Year Built: 1955
Listed: 26 days ago

Market Timing

Days on market

26d

Edmonton listings, avg age

62d

Price / ft²

$305

List price

$930K

Haho

This multi-family in Edmonton has been listed for 26 days, which is 36 days fresher than the city average of 62. Act while there is still low competition.

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Listed by Sterling Real Estate · Dustin Batuik

Location

Approximate location — exact address confirmed upon showing

Nearby Places

$930,000· $305/ft²

For sale

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Full Cost Breakdown

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Down Payment7.31% · $68,000

Min 7.31%50%

Mortgage payment$4,779/mo

↳ CMHC premium ($34,480 capitalized)

Est. property tax$679/mo

Total monthly$5,458

Cash Needed to Close

Down payment (7.31%)$68,000

Land transfer tax$0

Est. closing costs$5,290

Total cash needed$73,290

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