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$2,156,000
Est. payment /mo
5,156 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,156 sqft
Price per Sqft $418
Subdivision Meadowlark Park (Edmonton)
MLS® Listing ID E4415740
Originating Board REALTORS® Association of Edmonton
Year Built 2024
Lot Size 6,803 Sqft
Acres 6803.0
Property Description
Investor Alert! Next to future LRT TRAIN station. Multi-family 4plex in Meadowlark Edmonton. The project is facing future PARK and next to future LRT Train station. The 4plex total 7 UNITS: Upstairs-5156 sqft: 4 units (3 beds) & Basement-2556 sqft: 3 units (2 beds). Upstairs each unit is around 1285 - 1293 sf. Basement each unit is around 639 sqft. The project layouts are designed for Between Downtown & West Mall public transport commuters. The property is projected to generate approximately $152,400 in annual gross rent and cap rate of 4.62%. Support CMHC MLI Select program. Fully finished and equipped with all appliances and landscaping. Walk to the train (LRT) station between West Mall and the Downtown route. The project is estimated to be completed end of Summer 2025. Currently, it is at the framing stage. Photos are 3D rendering for illustration purpose only. (id:24570)
Location
Province AB
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by MaxWell Polaris
343 PRESTON STREET, 11TH FLOOR, OTTAWA, Ontario, K1S1N4