Edmonton, Alberta

7805458888

[email protected]

Price Range: From to

Compare Listings

$1.7m University of Alberta 5 units

11436 78 Ave NW, Edmonton, AB T6G 0N3, Canada
$1,700,000

Description

University Alberta property investor! Front & Back Duplex in total of 5 units: Front & Back units(3beds each), two basement units(2beds each), and one garage suite(2 beds). The property is projected to generate approximately $115,800 in annual gross rent and cap rate of 4.65%. Including all appliances, landscaping, and 2 single detached garages. Walk to train (LRT) station and 2 stops to University of Alberta. The project is estimated to be completed in the at the end of 2025. Suitable CMHC MLI Select program. Currently DP permit. Photos are 3D rendering for illustration purpose only.

Projected Financing (2025-02-12):
  • Monthly rent: $ 9,850 (5 units)
  • Vacancy rate: 4.5%
  • EGI: $110,589
  • Total Expenses: 31%
  • Cap rate: 4.65%
  • NOI: $75,877.19
  • Mortgage loan: $1,465,076.60 @4.15%
  • LTV: 86%

Property Documents

  • Marketing_Front back Floor Plans
  • Proforma_front-back_11436 78 ave
  • Address: 10723 81 Ave NW, Edmonton, AB T6E 1Y2, Canada
  • City: Edmonton
  • State/county: Alberta
  • Neighborhood: McKernan
  • Country: Canada

Detail

Updated on February 12, 2025 at 1:02 pm

  • Price: $1,700,000
  • Bedrooms: 12
  • Garage: 2
  • Year Built: 2025
  • Property Type: Multi Family Home
  • Property Status: For Sale

Additional details

  • Garage suite: Yes