Courtesy of Peter Chen of MaxWell Polaris

11323 76 Avenue NW
Zone 15 Edmonton T6K 0K3

$2,050,000
Multi-Family Commercial

Main Photo: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 1: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 2: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 3: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 4: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 5: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 6: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 7: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 8: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 9: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 10: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 11: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 12: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 13: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 14: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 15: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 16: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Photo 17: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4405456
Build. Type:
Under Construction
ATTENTION INVESTORS!! chance to own a stunning University of Alberta 4plex Townhouse next to LRT. This brand new "4plex townhouse" with legal suites make total of "6 units + Bonus". This property is perfect for the CMHC MLI SELECT PROGRAM. Architecturally designed & includes 14 bedrooms, 12 bathrooms - 2 two-bedroom units, 2 three-bedroom units, 2 one-bedroom basement rental suites & "(Bonus) 2 one-bedroom finished basements". The property is projected to generate approximately $146,400 in annual gross rent and cap rate of 4.84%. Fully finished and equipped with all appliances and landscaping. Located facing McKernan School, and only a 2-minute walk to the LRT station. Currently DP stage and estimated completion Summer 2025.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Under Construction
# Units:
6
Tot Pkg Spaces:
0
# Storeys:
2.0
Year built:
2024 (Age: 0)
Total Floor Area:
3,997 sq. ft.
Lot Area:
0 sq. ft.
Lot Depth:
118'
Lot Frontage:
45'
Plan:
N727HW
Title to Land:
Freehold
LINC Number:
0013112495
Num. of Parcels:
1
Cap Rate %:
4.84
Gross Operating Income:
$146,400
Other Income:
$0
Effective Gross Income:
$140,544
Gross Income:
$146,400
Net Operating Income:
$99,120
Total Oper. Expenses:
$41,424
Tot Expenses:
$41,424
Days On Website:
46 day(s)
  • Photo 1: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
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  • Photo 7: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
    1st Floor Plan
  • Photo 8: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
    1st Floor Plan
  • Photo 9: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
    1st Floor Plan
  • Photo 10: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
    2nd Floor Plan
  • Photo 11: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
    2nd Floor Plan
  • Photo 12: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
    2nd Floor Plan
  • Photo 13: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
    2nd Floor Plan
  • Photo 14: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
    2nd Floor Plan
  • Photo 15: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
    Basement
  • Photo 16: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
    Basement
  • Photo 17: 11323 76 Avenue NW in Edmonton: Zone 15 Multi-Family Commercial for sale : MLS®# E4405456
    Basement
Data was last updated October 24, 2024 at 06:30 PM (UTC)
Copyright 2024 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.