Courtesy of Arlie E Jespersen of Century 21 Leading
Status:
Active
MLS® Num:
E4423411
Build. Type:
Low Rise (2-4 stories)
Great investment opportunity! This well-maintained six-plex walk-up apartment is conveniently located near downtown Edmonton, steps from transit, shopping and major routes, and mere blocks from the Ice District and McEwan University. The building features five one-bedroom suites and one two-bedroom suite, with three of the units already renovated. Five of the suites are currently rented and some of the tenants are long-term, providing stability. Recent upgrades include new shingles (2024) and each suite has its own power meter. Washer and dryer in the common laundry room uses tokens. Six off-street parking spots available, plus on-street parking and alley access. Ideal for investors looking for a solid rental property in a prime location!More details
Courtesy of Pam Gill of Sutton Central Commercial Real Estate
Status:
Active
MLS® Num:
E4414249
Build. Type:
Low Rise (2-4 stories)
This unique complex consists of 6 one bedroom units. Each unit has its own entrance. No common area other than laundry in the basement. Units have been upgraded on turnover. Shingled roof replaced in 2023. Some new windows, 2 forced air furnaces, one recently replaced, 2 hot water tanks(replaced), fenced yard front and back. Self managed. Easy to mange. Located in Downtown Edmonton on a very mature quiet street. Close to ICE district and Macewan University. Walk to main transit stop and to LRT Station. Gross income over $69,000 annually cap rate 5.95%.More details
Courtesy of Russ Slemko of MaxWell Challenge Realty
Status:
Active
MLS® Num:
E4391910
Build. Type:
Multi Tenant/Multi Plex
A GREAT INVESTMENT OPPORTUNIY FOR THIS 6-PLEX! This well maintained 6 suiter has 3 large one bedroom and 3 large two bedroom. There are 6 forced air furnaces as each unit has their own furnace. Upgrades have been done over the years. Security cameras. New windows and roof re-shingled in 2012. Long term tenants. Self managed. Six parking stalls. Buyers to accept the tenants. Seller won't consider VTB or creative financing.More details
Welcome to Delton Square. A very well maintained and managed building located in the Central neighborhood of Eastwood in Edmonton with proximity to all public transportation, retail stores, shops, and schools. Easy access to Yellowhead Trail and 118 th ave providing quick vehicle access throughout the city. This building has great curb appeal and pride of ownership can be seen throughout the grounds. NEW Boiler! NEW interior Flooring and Paint! Very Large balconies. Easy to manage with 100% occupancy providing steady cash flows. Unit mix is four large 2 bed X 1 Bath and two 1 bed X 1 Bath apartment homes. 6 outdoor parking stalls. This property is ideal for first time investors or simply increase unit count to your existing multi-family portfolio. Nearby neighborhoods include trendy restaurants, cafe spots, supermarkets.More details
Courtesy of Jesse Alaeddine of NAI Commercial Real Estate Inc
Status:
Active
MLS® Num:
E4421133
Build. Type:
Low Rise (2-4 stories)
This rare concrete-constructed building combines long-term durability with strong tenant appeal, making it an excellent addition to any investment portfolio. Featuring 6 suites (1 one-bedroom and 5 two-bedroom), the property boasts upgraded dual-pane windows and remodeled interiors. With below-market rents and separately metered utilities, there is immediate potential to enhance cash flow and increase returns. Strategically positioned near the future Valley Line LRT in a rapidly growing, transit-oriented community, this investment is well-poised for both short-term gains and long term growth.More details
Courtesy of Sangram S Sindhar of Initia Real Estate
Status:
Active
MLS® Num:
E4421777
Build. Type:
Freestanding
INVESTOR ALERT! TURN KEY FULLY RENOVATED 6 UNITS. GREAT RENTAL POTENTIAL! The property features 2-2 Bedrooms, 2-1 bedrooms and 2-Bachelors units. Great access to all amenities, Transit and Schools. (Renovation is near completion)More details
Exceptional investment opportunity in this West jasper Place location! This 6 unit Multi-family building , with 3850 sq.ft of finished living space and an over 7378 sq.ft LOT, ZONED : 2.40 RM - Medium Scale Residential is perfect for any level investor. Property boasts upper balconies and a range of modern upgrades. Improvements include an alarm/security system, updated windows, a 2009 GABLE roof, eavestroughs, plumbing, hot water & pressure tanks and Each suite has been renovated, with one recently completed to a high standard. The building is professionally managed and maintained, offering substantial potential for growth. With 6 energized parking spaces and possible tandem parking, plus convenient access to public transit and the new LRT line within walking distance, this property is an excellent investment prospect. An amazing WALKSCORE of 84, close to West Edmonton Mall, schools, shopping and all the conveniences needed to attract the best, NOW is the TIME!More details
Courtesy of Don L Tomko of The Good Real Estate Company
Status:
Active
MLS® Num:
E4420277
Build. Type:
Residential Mix
One of the most noted buildings is Parkallen. This former 4 plex has received many upgrades since 2018. It is zoned CNC and has a mix of 2 x 2 bedroom suites up stairs and the main floor has been converted from 2 suites to the operation of a 1800sq' Tattoo and Tattoo removal business on the main. The suites have individual meters and furnaces and have received new flooring, kitchen, appliances and bathrooms since 2018 or sooner. The main floor has one full bath with shower and one wheel chair friendly 2 piece bathroom, 2 private rooms and a large shared space. Storage is placed under the stairs and shared laundry is in the utility room at the rear of the building. This is a corner lot with a single garage and 4 to 6 parking stalls off street. All units are rented and this can be a turn key investment, future owner operator building or future building site. The city may approve a garage suite or even a second standalone residential in the back yard.More details
Courtesy of Anahid Shahmoradi of MaxWell Challenge Realty
Status:
Active
MLS® Num:
E4420438
Build. Type:
Freestanding
Over $180K in upgrades and renovations over the past 9 years. 6-Plex on a corner lot (45.7 x 15.2 SQM) with 100% occupancy throughout. Current market rates present an opportunity to increase profit/cap rate by over 30%. Current rents may qualify for CMHC MLI Select financing, though the seller does not accept long-term financing. All tenants are month-to-month. Prime location near NAIT, Royal Alex Hospital, Blatchford, Downtown, and the Future LRT. Major upgrades: New parking/sidewalk, sewer line, boiler, hot water tank, balconies, main doors, mail lockbox, security system, additional storage, and shed. New fridges and some other appliances. Windows re-sealed and framed. Five suites partially renovated, Unit 102 fully renovated. The heating and security systems can be controlled remotely. Current rents: Four 2-bedroom units at $1,100 Two 1-bedroom units at $900. Rents are over 30% below market. Laundry revenue can be increased by over 50%.More details
Courtesy of Wally Fakhreddine of MaxWell Devonshire Realty
Status:
Active
MLS® Num:
E4414368
Build. Type:
Low Rise (2-4 stories)
OWN THE LAND, SUBSTANTAILLY RENOVATED BUILDING AND A PHENOMINAL REVENUE PRODUCING COMPLEX ALL IN ONE! BEST MAINTAINED ROOMING HOUSE IN ALL OF EDMONTON CURENTLY GENERATING NET PROFIT OF $101,383.78 A YEAR! THIS IS THE TAJ MAHAL OF ROOMING HOMES! Located in Downtown Edmonton this property BOASTS 21 SUITES, 4 BATHROOMS (2 ON EACH FLOOR), COIN OPERATED LAUNDRY, FOB ENTRY and so much more! The lower level is currently used for storage along with office and workshop ALONG WITH IN-FLOOR HEATING IN THE BASEMENT. The average tenant has been long term (8 years on the average) and this property is in very good condition and managed professionally. Current gross revenue is $141,720.00 and net profits which are$ 101,383.78 an AMAZING CAP RATE OF JUST OVER 10%! NOW BOASTING NEW SHAW INTERNET, RENT ROLL TO INCREASE ON MARCH 01, 2025More details
Courtesy of Pam Gill of Sutton Central Commercial Real Estate
Status:
Active
MLS® Num:
E4421941
Build. Type:
Low Rise (2-4 stories)
This is a 2.5 story, wood frame construction complex. Hot water heating system. Roof was replaced once. Hot water tank replaced in 2018. Each unit has 3 appliances. Large suite sizes. One of the 2 bedroom units is a bi-level style with 1.5 bath. All upper units have balcony. Units have been upgraded on turnover. Very well maintained. Professionally managed. Gross income over $98,000 annually. 5.39% cap rate.More details
Prime location close to all amenities; transportation routes and public transit. Nine (9) Units; all with vinyl plank flooring; newer countertops within the last 5 years. Kitchen cabinets could be updated for minimal cost, to enhance the former renovations completed in each Unit adding additional value to the Building. (3) Bedroom Units. Five (5) One Bedrooms; One (1) Batchelor Suite; Prime location close to all amenities; transportation routes & public transit. All Units have vinyl plank flooring; newer countertops within the last 5 years. All rents include Utilities; but there are separate electrical meters for each Unit.More details
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