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Courtesy of Jordan C Seitz of Real Broker

11411 88 Street
Zone 05 Edmonton T5B 3P9

$1,589,900
Multi-Family Commercial

Main Photo: 11411 88 Street in Edmonton: Zone 05 Multi-Family Commercial for sale : MLS®# E4416137
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Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4416137
Build. Type:
Multi Tenant/Multi Plex
TRIPLEX with THREE LEGAL SUITES (total of SIX RENTAL UNITS) located in Parkdale. Three 2-Storey Suites w/ 3 bed/2.5 bath & Three 1 bed/1 bath BSMT SUITES. Will qualify for CMHC MLI SELECT FINANCING. Quick access to Nait, Grant MacEwan, U of A, Campus Saint-Jean by LRT or walk/bus to Concordia. Close to Downtown, ICE District, Kingsway Mall, Royal Alexandra & Glenrose Hospital. Potential monthly rental income of $9,750 w/ annual gross revenue of $117,000 & cap rate of 5%. 3-bedroom plan boasts built in bench at entry & 5ftx5ft main floor storage room. Kitchen w/ pantry, quartz counters, vinyl plank flooring & stainless-steel appliances. Tenants will enjoy 3 large bedrooms, 4pc bath, 4pc ensuite & upper-level laundry. BSMT SUITES w/ large SOUTH facing windows for plenty of natural light. Landscaped yard w/ 3 TANDEM ENERGIZED parking stalls. Be part of Edmonton’s downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering image used.
Property Type:
Multi-Family Commercial
Transaction Type:
For Sale
Lease Oper Costs Per Sq M:
$0
Price Per SqFt:
$441.64
Taxes:
Lot Area:
5,443 sq. ft.
Stories Total:
2
# of 2 Bedroom Apartments:
0
# of Units:
6
# of Other Units:
0
# of Studio Apartments:
0
# of Bachelor Apartments:
0
Year built:
2024 (Age: 1)
Bathrooms:
- (Full:-/Half:-)
Building Type:
Multi Tenant/Multi Plex
Num. of Parcels:
1
Construction:
Wood Frame
Parking Space(s):
6
Parkdale (Edmonton)
Agent/Seller has Interest,Private
Association Fee Frequency:
Association Fee Amount:
Seller Rights Reserved:
No
Zone:
Zone 05
Zoning:
Zone 05
Title to Land:
Fee Simple
Legal Lot:
4
LINC Number:
4444402441
Days On Website:
23 day(s)
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Data was last updated January 6, 2025 at 11:30 PM (UTC)

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Multifamily Property Listings

Jill Jordan
Cell: 780-777-3434
David Quaschnick
Cell: 780-242-7253
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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