$2,250,000 pre-sold Multi-family Edmonton north (next to large elementary school) – Video
- $2,250,000
$2,250,000 pre-sold Multi-family Edmonton north (next to large elementary school) – Video
- $2,250,000
Description
$2,200,000. pre-sold project. North Edmonont. Corner Lot. Total 8 units: 4 up + 4 down. The Upper unit(4) 3 beds, 2.5 bath. The lower unit(4) has 1 bed, 1 bath. This is a great location next to a bus stop and an elementary school. Major community road. 8 mins to the Northgate shopping center. Currently at the designer stage. ready to complete by August 2026.
Projected Financing:
- Monthly rent: $ 14,400 (8 units)
- Vacancy rate: 5%
- EGI: $164,160
- Total Expenses: 30%
- Cap rate: 5%
- NOI: $114,360
- Mortgage loan: $2,135,044 @4.30% (as of 2025/08)
- LTV: 95%
- Down payment: $112,500
Download Proforma
Video
Details
Updated on August 28, 2025 at 3:34 pm-
Price $2,250,000
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Bedrooms 16
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Year Built 2025
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Property Type CMHC MLI Multi Family
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Property Status For Sale
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Down payment required 112500
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Total number of Units 8
Address
Open on Google Maps-
Address: 9403 149 Ave NW Edmonton
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City: Edmonton
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State/county: Alberta
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Area: Evansdale
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Country: Canada
Features
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