INVESTMENT OPPORTUNITY nestled in the heart of downtown, steps away from the bustling Ice District! With a little investment, you could turn this place into a fantastic Airbnb hotspot! PRIME location just a short walk to popular attractions like Roger's Place, City Hall, Canada Place, the New Royal Alberta Museum, Winspear Centre, Art Gallery, downtown Farmers Market and MORE! This bi-level house located in "The Quarters" has 7 bedrooms, 2 kitchens, and 3 entrances, covering 1445 sq ft. All the proper fire code requirements are in place for a 7-unit room rental. It sits on a 33 ft x 122 ft lot. NOTE! NEIGHBORING LOT ALSO FOR SALE! Which is a doulbe lot spaning 66 ft x 122 ft (9551-103a Ave) making three lots a Total Land Size 12,103 sq ft +/- on 3 lots, Zoned DC 1. Exciting new development in the area including LRT expansion, new residential tower, DoubleTree Hilton Hotel, and a cool new city park. Take a leap and make this your next adventure. Act now and make your mark on Edmonton's thriving core.More details
Courtesy of Jeneen L Marchant of RE/MAX Real Estate
Status:
Active
MLS® Num:
E4384668
Build. Type:
Multi Tenant/Multi Plex
Floor Area:
4,284 sq. ft.398 m2
LIVE IN ONE UNIT AND RENT THE OTHER 4 TO LIVE FOR FREE, OR BUY AS A TURN KEY INVESTMENT! What a unique opportunity with a current CAP rate of 5.05%, and rents can be increased from a total of $5950/month to market rate to get up to 7.49%! This property has 5 suites, one of which is a full renovated house with a finished basement that was originally built in the 1920’s, and then in 1991 a 4 unit building was added onto it! The current owners have done major renovations including: flooring, bathrooms & kitchen upgrades in 4/5 units, replacing all cast iron sewage pipes in 2024, and the roof, boiler and windows were replaced in 2014. All long term 2+ year tenants that would like to stay. All units have 3 bedrooms, a full bathroom, and their own laundry. I have more pictures of the units when they were vacant but the resolution is too low for this format.More details
Clean Building w/ Character! This 6-Plex is situated on a Corner Lot with availability for future development in "The Quarters''. Updates to the Building include new Roof w/ Insulation & Capping, HWT (2019) and some units have been renovated. Units are spacious, bright & carpet-free. Excellent suite mix (3-One Bedrooms & 3-Two Bedrooms). Safe property with a great tenant profile (adult). Currently Self-Managed and rental rates are presently below market value. Easily accessible Public Transit + Future Valley LRT Stop is a 6 mins walk. Steps away from the vast network of Edmonton's breathtaking River Valley walking & biking trails. Downtown, MacEwan University & NAIT are 10 - 30 mins away (car, bus or bike). Incredible Investment Opportunity!More details
Courtesy of Russ Slemko of MaxWell Challenge Realty
Status:
Active
MLS® Num:
E4391910
Build. Type:
Multi Tenant/Multi Plex
Floor Area:
2,702 sq. ft.251 m2
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.More details
Courtesy of David G Parker of Northfield Commercial
Status:
Active
MLS® Num:
E4370448
Build. Type:
Walk Up
Floor Area:
7,497 sq. ft.696 m2
Excellently located 7 suite apartment building located at 10654 - 107 Street in Edmonton, Alberta in the Central McDougall neighborhood. It is a two and a half story low-rise, wood-frame construction building with newer windows, boiler and hot water tank. Building features original hardwood floors and was built in 1950. Parking is surface and paved and gravel. The suite mix is 2 bachelor suites and 5 one-bedroom suites. Bonus Garage/Storage Space is also located on site.More details
Courtesy of Garry F Rogerson of NOW Real Estate Group
Status:
Active
MLS® Num:
E4385816
Build. Type:
Multi Tenant/Multi Plex
Floor Area:
8,344 sq. ft.775 m2
First time investors or add to your portfolio here is a a 9 suite apartment located close to downtown and easy access to the Yellowhead. There are 3 two bedroom units, 5 one bedrooms and one bachelor unit. Located on a main public transportation route and close to NAIT. This is a 2 storey, wood frame walk up with 8 parking stalls in the back of the building.More details
This 9 Unit Multi-Family property is located at 12321-82 Street NW in Edmonton, Alberta. It is a 2.5 storey wood frame building with a concrete foundation originally constructed in 1968 and there are 2 Bachelor; 4 One BR; plus 3 Two BR suites. The exterior is covered with brick, stucco and siding and there are 6 balconies. The roof was replaced in 2017 and the boiler is original and serviced. This is an EXCELLENT VALUE ADD opportunity for the right buyer!! Close to Yellowhead Freeway, major arterial roads, and transit stops for commuting. Great for Tenants with a Walkscore of 73. Catch the wave of rising rents to higher net operating incomes and it's a great candidate for CMHC MLI Select insured financing. Recently Appraised at over $950,000. APOD/Proforma numbers are projected. Property is being sold AS-IS WHERE-IS. It is anticipated that Units 4 & 6 will be repaired and operating by July 15, 2024.More details
Courtesy of David G Parker of Northfield Commercial
Status:
Active
MLS® Num:
E4385673
Build. Type:
Walk Up
Floor Area:
7,911 sq. ft.735 m2
5910 - 118 Avenue is a nine suite apartment building located in Edmonton, Alberta in the neighborhood of Montrose. It is a two and a half storey, walk-up, wood-frame construction building built in 1958. Parking is surface and paved. The suite mix is 7 one-bedroom suites and 2 two-bedroom suites. Judicial Listing - Any offers must be unconditional. All numbers in hilight sheet are proforma numbers. Property being sold "as is" "where is."More details
Courtesy of Pam Gill of Sutton Central Commercial Real Estate
Status:
Active
MLS® Num:
E4376559
Build. Type:
Freestanding
Floor Area:
8,105 sq. ft.753 m2
HIGH ASSUMABLE MORTGAGE. Purchase this 7 suite apartment complex in West Edmonton. This 2.5 story wood-frame complex was built in 1974. Hot water heating system. Gable roof. Upper units have a balcony. Most of the units have been upgrade. Self-managed. Easy to manage. Currently no vacancies. Walking distance to bus stop. Grocery stores and shopping. Located close to the upcoming Valley LRT.More details
Courtesy of David G Parker of Northfield Commercial
Status:
Active
MLS® Num:
E4376375
Build. Type:
Walk Up
Floor Area:
7,250 sq. ft.674 m2
Acorn Apartment is an eight suite apartment building located at 11421 - 124 Street, Edmonton, Alberta in the Inglewood neighborhood. It is a one and a half story low-rise, wood-frame construction building. It was built in 1960. Parking is surface and gravel. All 8 suites are one-bedroom suites. Upgrades Include 2012 - New Roof, 2012 - Fire System Upgrades, 2015 - Security Systems, 2020 - Updated Boiler.More details
Courtesy of Pam Gill of Sutton Central Commercial Real Estate
Status:
Active
MLS® Num:
E4381093
Build. Type:
Low Rise (2-4 stories)
Floor Area:
7,373 sq. ft.685 m2
This is a gem of an investment. Located in the prime neighborhood of Westwood. Close to NAIT. Close to LRT. Easy access to Yellowhead freeway and downtown. This is a 2.5 story. Wood-frame construction complex. Hot water heating system (replaced along with newer hot water tank) complex has had numerous upgrades. Which include common area flooring, all units flooring, windows and patio doors. Very quiet, well maintained complex. Long term owner, self managed, large suite size with mix of 2 x 1 bedroom and 4 x 2 bedroom units. No vacancies. Easy to manage.More details
Recently Renovated 8-Unit Apartment Building Available Now! This is your chance to own a piece of prime real estate with a stunning, income generating 100% OCCUPIED apartment building. Recently updated, this property boasts a fresh look and modern amenities throughout, ensuring long-term value and great cash flow. All units (except one) have been renovated with brand new flooring, cabinets, stylish quartz countertops, and newer bathrooms. Solid Building Infrastructure: Rest assured with a newer tar/gravel roof, newer hot water tanks and an upgraded weeping tile system for better drainage. Fresh Appeal Inside & Out: Enjoy a bright and inviting atmosphere thanks to a full interior and exterior repaint in a contemporary color scheme. New flooring throughout the hallways and staircases adds the finishing touch. Don't miss this excellent opportunity to invest in a worry-free property close to Kingsway, NAIT, DT & Transit.More details
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