11347 111 AV NW, Edmonton, Alberta T5G0C8

Listing courtesy of Real Broker.

$1,858,888
10
BD
12
BA
3,738
SqFt

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List Price
$1,858,888
MLS®
E4469231
Days on Market
203
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
10
Bathrooms
12
Living Area
3,738
Lot Size Dimensions
566.77
Lot Size
566
Subdivision
Queen Mary Park

Property Description

Attention investors! Introducing Olympia, a brand-new 6-unit triplex development located in Queen Mary Park, just minutes from downtown Edmonton. This purpose-built property offers approximately 5,600 sq. ft. of living space, with six self-contained, separately metered units designed for strong rental demand. The unit mix includes two 3-bedroom units, one unit with dual primary bedroom suites, two legal 2-bedroom suites, and one 1-bedroom unit, appealing to a broad tenant base. Features include quartz countertops, vinyl plank flooring, stainless steel appliances, 9-ft ceilings, landscaping, and a detached triple garage, plus ample on-site and street parking. CMHC MLI Select qualified, requiring as little as 5% down, with projected annual rental income of approximately $138,000. Estimated completion Q3 2026. Prime location within walking distance to Kingsway Mall, Royal Alexandra Hospital, NAIT, LRT, and major amenities. (id:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Subdivision
Queen Mary Park
Country
Canada
Heating
Forced air
Lot Features
See remarks, Closet Organizers, No Animal Home, No Smoking Home, Level
Stories
2
Lot Size
566

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Calculator source: Real Geeks