$1.6M for 6 units corner Lot – Train station/Recreational center
- $1,600,000
- CMHC MLI Multi Family
- 2026
$1.6M for 6 units corner Lot – Train station/Recreational center
- $1,600,000
Description
Corner lot investment opportunity in a prime location. This well-maintained property features a total of 6 units across two 3-plex buildings, offering excellent income potential. Ideally situated next to the Edmonton Football Stadium and a major recreation centre, with convenient walking access to the LRT station for quick commuting to downtown Edmonton. A solid addition to any investment portfolio.
Projected Financing:
- Monthly rent: $ 9,900 (6 units)
- Vacancy rate: 5%
- EGI: $112,860
- Total Expenses: 29%
- Cap rate: 5%
- NOI: $79,706
- Mortgage loan: $1,500,553 @4.25% (as of 2026/06)
- Down payment: $96,000 (6%)
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Download Floorplan
Details
Updated on June 3, 2026 at 10:01 pm-
Price $1,600,000
-
Year Built 2026
-
Property Type CMHC MLI Multi Family
-
Property Status For Sale
-
Total number of Units 6
Address
Open on Google Maps-
Address: 11251 86 Street NW Edmonton
-
City: Edmonton
-
State/county: Alberta
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Area: Alberta Avenue
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Country: Canada
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