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Listing Details

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Courtesy of Real Broker.
Data was last updated 2025-06-25 at 20:18:11 GMT

1, 2, 3 - 12411 81 Street   Edmonton, Alberta

$1,599,900
MLS®: E4470755
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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.

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.

Listing Information

Prop. Type:
Triplex
Property Style:
2 Storey
Status:
Active
City:
Edmonton
MLS® Number:
E4470755
Bedrooms:
4
Neighbourhood:
Elmwood Park
Area:
Edmonton
Province:
Alberta
Listing Price:
$1,599,900

General Information

Year Built:
2025
Total Square Feet:
3602ft2

Additional Information

Basement Dev:
Full, Finished
Parking:
Parking Pad Cement/Paved

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This property is listed by Real Broker and provided here courtesy of Francis Gelsano. For more information or to schedule a viewing please contact Francis Gelsano.
Francis Gelsano
RealPageMaker Support
Phone: 844-257-9693
Mobile Phone: 844-257-9693
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.