Alberta is calling, so is this investment. 20 BEDROOMS+, 12 seperate LEGAL rental units and all with NO CONDO FEE. Each individual unit is designed to maximize returns and offers a unique blend of luxury finishes/features. These spacious homes consist of a main living area with 3 BED and 2.5 BATH, providing comfortable living spaces for residents. What sets these properties apart is the inclusion of a separate 2-bedroom legal basement suite, adding significant rental income potential to your investment. Additionally, there's a garden suite perched atop the detached double garage, offering even more versatility and rental income possibilities. And all this times 4 units. This investment opportunity boasts an estimated 7% cap rate, making it an attractive choice for both first-time homebuyers and savvy investors. It promises to be a cashflow-positive investment in one of the most sought-after areas in southeast Edmonton. Don't miss out on the chance to capitalize on this prime real estate offering.
Contact Melody Kilbank About MLS® E4359231
Melody Kilbank, 780-893-9987 at RE/MAX River City, 13120 St. Albert Trail NW, Edmonton, Alberta, T5L 4P6
Disclaimer: Copyright 2023 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated December 5, 2023, 10:16 pm.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.