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Division No. 11
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Elmwood Park
1, 2, 3 - 12411 81 ST NW
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1, 2, 3 - 12411 81 ST NW $1,599,900
$1,599,900
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1, 2, 3 - 12411 81 ST NW
Edmonton, Alberta T5B2T6

MLS® Number: E4470755
4
Bedrooms
4
Bathrooms
3602
Square Feet

Listing Description

Ready MAY 2026. Brand New TRIPLEX with 3 LEGAL SUITES (6 RENTAL UNITS). Potential cap rate of 5.23%. Great addition to any portfolio with ability to cash flow immediately. Qualifies for CMHC MLI SELECT. Quick access to NAIT, Kingsway Mall & LRT (train) to Grant MacEwan, U of A, Downtown & ICE District. Three 2-Storey Suites with 3 bed/2.5 bath & Three 1 bed/bath BSMT SUITES. 3-bed plan with built in bench at entry & 5x5 storage room. Kitchen with pantry, quartz, vinyl plank & SS appliances. Tenants will enjoy 3 large bedrooms, 4pc bath, 4pc ensuite & upper laundry. RAISED FOUNDATION BASEMENT SUITES with large SOUTH facing windows. Effective Gross Income: $110,390. Operating Expenses: $26,692. Net Operating Income: $83,698. Be part of Edmonton’s downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Interior photos not actual property (same plan). Completed building may vary from photos. Property Taxes to be reassessed by City. (33750505)

Property Summary

Property Type
Single Family
Building Type
Triplex
Storeys
2
Square Footage
3602 sqft
Neighbourhood Name
Elmwood Park
Title
Freehold
Land Size
447.96 m2
Built in
2025
Parking Type
Parking Pad
Time on REALTOR.ca
12 days

Legal Description

Plan :- 2222291 Block :- 17 Lot :- 16

Building

Bathrooms
Total
4
Partial
1
Interior Features
Appliances Included
Dryer, Washer/Dryer Stack-Up, Stove, Gas stove(s), Washer, Refrigerator, Dishwasher
Basement Features
Suite
Basement Type
Full (Finished)
Building Features
Features
Paved lane, Lane
Style
Attached
Building Amenities
Vinyl Windows
Heating & Cooling
Heating Type
Forced air
Neighbourhood Features
Amenities Nearby
Playground, Public Transit, Schools, Shopping
Parking
Parking Type
Parking Pad

Measurements

Square Footage
3602 sqft

Rooms

Main level
Living room
Dining room
Kitchen
Basement
Bedroom 4
Second Kitchen
Upper Level
Primary Bedroom
Bedroom 2
Bedroom 3
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780-203-2198
844-274-2914
REALTOR® Website
Email
Real Broker
3400-10180 101 St NW
Edmonton, Alberta T5J3S4
855-623-6900
Office Website

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