4Plex 8 units for sale!! Investor’s favor floorplans: 4 upstairs units and 4 legal basement suites for a total of 8 units. This property is suitable for the CMHC MLI SELECT PROGRAM. The Upstairs unit each has kitchen, living room, laundry, 3 bedrooms, and 2.5 baths. The basement Unit each has kitchen, living room, One bedroom and 1 full bath. with SEPARATE SIDE ENTRANCES and also includes 4 detached single car garages. The property is projected to generate approximately $158,400 in annual gross rent and 5.5% cap rate. Fully finished and equipped with all SS appliances and landscaping. Near Downtown, West Edmonton Mall & Schools, shopping &public transportation all within walking distance. Features: 9' ceilings all 3 levels, Vinyl floor throughout, quartz countertops throughout. Currently at Foundation stage. Currently at drywall stage and Possession date is estimated to be Summer 2025. Builder can assist CMHC and proforma available.
Data was last updated November 9, 2024 at 10:30 AM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$460,000
Min list price:
$269,900
Max list price:
$2,199,000
Avg days on market:
50
Min days on market:
2
Max days on market:
276
Avg price per sq.ft.:
$411.44
These statistics are generated based on the current listing's property type
and located in
Zone 21. Average values are
derived using median calculations.
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