$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
-
Bedrooms 16
-
Year Built 2025
-
Property Type CMHC MLI Multi Family
-
Property Status For Sale
-
Down payment required 112500
-
Total number of Units 8
Address
Open on Google Maps-
Address: 9403 149 Ave NW Edmonton
-
City: Edmonton
-
State/county: Alberta
-
Area: Evansdale
-
Country: Canada
Features
Similar Listings
$1.6M for 6 units corner Lot – Train station/Recreational center
- $1,600,000
1 day ago
Apartment 9-unit ready for 2026 (CMHC MLI qualify)
- $2,100,000
2 weeks ago
West Edmonton Meadowlark mall 8 plex corner Lot
1 month ago
- yandp2000ca
