Edmonton, Alberta

7805458888

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$2.2m Multi-family Corner Lot 7 units with open deck

9045 149 St, Edmonton, AB T5R 0A5, Canada
$2,200,000

Description

$2.2m. Premium rental portfolio on a Corner Lot!! Own a 3plex total of 7 units in the high-end “Parkview” community. This brand new “3plex townhouse” with legal suites makes a total of “3 up + 3 down units Plus 1 Garage suite”. Main and Second floor 9′ ceiling. The upper unit each has 3 beds, 2.5 baths 1200 sqft with a massive size ‘Open Deck’ that aims for young professional tenants or quality family-oriented tenants. Lower units each have 2 beds and 1 bath. The garage suite has 2 beds and 1 full bath. Three Single detached garages and lots of space for street parking. The property is projected to generate approximately $151,200 in annual gross rent and cap rate of 4.8%. Fully finished and equipped with all appliances and landscaping. Currently DP stage and estimated completion Spring 2026. Photos are 3D rendering for illustration purposes only.

 

Projected Financing:
  • Monthly rent: $ 12,600 (7 units)
  • Vacancy rate: 4.5%
  • EGI: $144,396
  • Total Expenses: 32%
  • Cap rate: 4.8%
  • NOI: $97,961.25
  • Mortgage loan: $1,844,223.35 @4.25%
  • LTV: 84%

Property Documents

  • City: Edmonton
  • State/county: Alberta, Canada
  • Neighborhood: Parkview
  • Country: Canada

Detail

Updated on February 3, 2025 at 2:09 pm

  • Property ID: E4407584
  • Price: $2,200,000
  • Bedrooms: 17
  • Garage: 3
  • Year Built: 2025-01-01
  • Property Type: Multi Family Home
  • Property Status: For Sale

Features