1, 2, 3 - 12411 81 ST NW
Edmonton T5B 2T6
MLS® Number: E4470755
$ 1,599,900
4
BEDROOMS
3 + 1
BATHROOMS
3,602
SQUARE FEET
2025
YEAR BUILT
Ready MAY 2026. Brand New TRIPLEX with 3 LEGAL SUITES (6 RENTAL UNITS). Potential cap rate of 5.23%. Great addition to any portfolio with ability to cash flow immediately. Qualifies for CMHC MLI SELECT. Quick access to NAIT, Kingsway Mall & LRT (train) to Grant MacEwan, U of A, Downtown & ICE District. Three 2-Storey Suites with 3 bed/2.5 bath & Three 1 bed/bath BSMT SUITES. 3-bed plan with built in bench at entry & 5x5 storage room. Kitchen with pantry, quartz, vinyl plank & SS appliances. Tenants will enjoy 3 large bedrooms, 4pc bath, 4pc ensuite & upper laundry. RAISED FOUNDATION BASEMENT SUITES with large SOUTH facing windows. Effective Gross Income: $110,390. Operating Expenses: $26,692. Net Operating Income: $83,698. Be part of Edmonton’s downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Interior photos not actual property (same plan). Completed building may vary from photos. Property Taxes to be reassessed by City.
| COMMUNITY | Elmwood Park |
| PROPERTY TYPE | Triplex |
| BUILDING TYPE | Tri-Plex |
| STYLE | 2 Storey |
| YEAR BUILT | 2025 |
| SQUARE FOOTAGE | 3,602 |
| BEDROOMS | 4 |
| BATHROOMS | 3.50 |
| BASEMENT | Full, Finished |
| AMENITIES | Storage-In-Suite, Vinyl Windows, Infill Property |
| APPLIANCES | Dryer, Stacked Washer/Dryer, Stove-Electric, Stove-Gas, Washer, Refrigerators-Two, Dishwasher-Two, Microwave Hood Fan-Two |
| COOLING | |
| FIREPLACE | |
| FLOORING | Carpet, Vinyl Plank |
| HEATING | Forced Air-2, Natural Gas |
| LAUNDRY | |
| LOT FEATURES | Back Lane, Paved Lane, Playground Nearby, Public Transportation, Schools, Shopping Nearby |
| PARKING | Parking Pad Cement/Paved |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingles |
| TITLE | Fee Simple |
| BROKER | REALTORS® Association of Edmonton |
| ROOMS | DIMENSIONS (m) | LEVEL |
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