11939 101 ST NW
Edmonton T5G 2B8
MLS® Number: E4430654
$ 1,599,900
4
BEDROOMS
3 + 1
BATHROOMS
3,600
SQUARE FEET
2025
YEAR BUILT
TRIPLEX w/ 3 LEGAL SUITES (6 RENTAL UNITS) qualifying for CMHC MLI SELECT. Cash-on-Cash Return of 47.92% (SELF MANAGED) or 36.57% (MANAGED) w/ GST rebate, financing, appraisal & legal fees considered. Projected monthly rent is $9,750 w/ annual gross revenue of $117,000 & cap rate of 5.49-6.06%. Cash Flow After Debt Service - SELF MANAGED $22,442 or $13,363 MANAGED. LRT access to Grant MacEwan, U of A, Downtown, ICE District. Close to Kingsway Mall, Royal Alex & Glenrose Hospital. Three 2-Storey Suites w/ 3 bed/2.5 bath & Three 1 bed/bath BSMT SUITES. 3-bed plan w/ built in bench at entry & 5x5 storage. Kitchen w/ pantry, quartz, vinyl plank & SS appliances. Tenants enjoy 3 large bedrms, 4pc bath, 4pc ensuite & upper laundry. BSMT SUITES w/ large SOUTH windows. 3 ENERGIZED parking stalls. Final lot grading. Wrapped foundation. Be part of Edmonton’s downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering used. Ready FEB 2026.
| COMMUNITY | Westwood (Edmonton) |
| PROPERTY TYPE | Triplex |
| BUILDING TYPE | Tri-Plex |
| STYLE | 2 Storey |
| YEAR BUILT | 2025 |
| SQUARE FOOTAGE | 3,600 |
| BEDROOMS | 4 |
| BATHROOMS | 3.50 |
| BASEMENT | Full, Finished |
| AMENITIES | Off Street Parking, On Street Parking, Hot Water Tankless, Storage-In-Suite, Vinyl Windows, Infill Property, 9 ft. Basement Ceiling |
| APPLIANCES | Dryer, Stacked Washer/Dryer, Washer, See Remarks, Refrigerators-Two, Stoves-Two, Dishwasher-Two, Microwave Hood Fan-Two |
| COOLING | |
| FIREPLACE | |
| FLOORING | Carpet, Vinyl Plank |
| HEATING | Forced Air-2, Natural Gas |
| LAUNDRY | ensuite bathroom |
| LOT FEATURES | Back Lane, Paved Lane, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby |
| PARKING | Rear Drive Access, Stall, See Remarks |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingles |
| TITLE | Fee Simple |
| BROKER | REALTORS® Association of Edmonton |
| ROOMS | DIMENSIONS (m) | LEVEL |
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