Talk about an income property! This triplex with legal basement suites gives you 6 units, a current net monthly profit of $8,995 (after expenses), and a cap rate of 5.83%! This property is very well maintained, and is only a few years old with ACTUAL known rental amounts and expenses versus brand new builds that are pure speculation. The upgraded finishings throughout are appealing to tenants as the comfort and stylish decor makes it an ideal rental. All three main units have between 1470-1508sqft, three bedrooms, 2.5 bathrooms, a garage bay in the triple garage, laundry, and an amazing loft with third story West-facing balcony that you can enjoy those ravine views! All three basement suites have their own separate entry, laundry, and are rented fully furnished. Located backing a park, literally steps to Mill Creek ravine and the trendy restaurants on the other side of it, your tenants will love the location! Make a solid long-term investment with this fantastic property!
Address
7513 89 ST NW
List Price
$1,850,000
Property Type
Residential
Type of Dwelling
Triplex
Style of Home
2 and Half Storey
Transaction Type
Sale
Area
Edmonton
Sub-Area
Avonmore
Bedrooms
10
Bathrooms
12
Half Bathrooms
3
Floor Area
4,465 Sq. Ft.
Lot Size
1936.10 Sq. Ft.
Lot Shape
Irregular
Year Built
2019
MLS® Number
E4506845
Listing Brokerage
RE/MAX Real Estate
Postal Code
T6C 0J4
Zoning
Zone 17
Parking
Triple Garage Detached
Parking Places (Total)
6
Community Features
On Street Parking, Ceiling 9 ft., Deck, Detectors Smoke, No Smoking Home, Rooftop Deck/Patio
Exterior Features
Back Lane, Backs Onto Park/Trees, Flat Site, Low Maintenance Landscape, Not Fenced, Park/Reserve, Playground Nearby, Public Transportation, Ravine View, Schools, Shopping Nearby
Interior Features
ensuite bathroom
Heat Type
Forced Air-1, Natural Gas
Construction Materials
Wood, Stucco, Hardie Board Siding
Direction Faces
West
Fireplace Features
Electric
Foundation Details
Concrete Perimeter
Garage Type
Yes
Roof
Asphalt Shingles
Access To Property
Paved Driveway to House