Edmonton, Alberta

7805458888

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Multi-family 3-story 9-Units 2 blocks away to future Train Station

10202 157 St NW, Edmonton, AB T5P 2V1, Canada
$2,350,000

Description

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. Fully finished and equipped with all appliances and landscaping. Two blocks away to the Future Train Station and Jasper Place Bus Station. Great convenient location in Stony Plain road 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: $ 15,200 (9 units)
  • Vacancy rate: 5%
  • EGI: $173,280
  • Total Expenses: 33%
  • Cap rate: 5%
  • NOI: $116,150.00
  • Mortgage loan: $2,242,685.22 @4.10%
  • LTV: 95%

Download online Proforma & Floorplan

  • Address: 10202 157 St NW, Edmonton, AB, Canada
  • City: Edmonton
  • State/county: Alberta
  • Zip/Postal Code: T5P 2V1
  • Neighborhood: Britannia Youngstown
  • Country: Canada

Detail

Updated on March 4, 2025 at 8:51 pm

  • Property ID: E4423793
  • Price: $2,350,000
  • Bedrooms: 22
  • Garage: 4
  • Year Built: 2025
  • Property Type: CMHC MLI Multi Family
  • Property Status: For Sale

Features