Edmonton, Alberta

7805458888

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$2.516m Multi-family 4 plex total 9 units

12421 112 Ave NW, Edmonton, AB T5M 0M4, Canada
$2,516,000

Description

Edmonton Inglewood corner Lot. Total 9 Units. 4 Plex & Garage suite. The Upper unit(4) 3 beds, 2.5 bath, single garage. The Basement unit(4) 2 beds, 1 bath. The garage unit 2 beds. Close to Downtown. Great convenient location to public transit and shopping. Currently DP stage and estimated completion Spring 2026. Photos are 3D rendering for illustration purposes only. The project qualifies for the CMHC MLI Select program with a minimum 5% down payment.

Projected Financing:
  • Monthly rent: $ 16,200 (9 units)
  • Vacancy rate: 5%
  • EGI: $184,680
  • Total Expenses: 32%
  • Cap rate: 5%
  • NOI: $123,837.50
  • Mortgage loan: $2,391,119.51 @4.10%
  • LTV: 95%
Download online Proforma & Floorplan
  • Address: 12421 112 Ave, Edmonton,
  • City: Edmonton
  • State/county: Alberta
  • Neighborhood: Inglewood
  • Country: Canada

Detail

Updated on March 4, 2025 at 10:47 pm

  • Price: $2,516,000
  • Property Type: CMHC MLI Multi Family
  • Property Status: For Sale

Features