$5,990,000
New 29-unit multifamily project designed for affordable, stable tenancy. About 67% of units rent below $1,100/month—well under Edmonton’s 2024 average of $1,300 for one-bedrooms—offering strong occupancy potential. Prime location within a 5-minute walk to the future LRT station, with schools and shopping nearby. Completion scheduled for the end of 2026—an excellent opportunity to secure a modern, low-maintenance investment property in a growing Edmonton area. Great benefit - Buyer to assume already approved CMHC mortgage and saved about 2.5% ($135,000) additional (new) CMHC premium fee. Contact for more details. Photos are virtual renderings. Exterior siding might be different (id:63476)
Property Details
|
MLS® Number |
43968143 |
|
Property Type |
Multi-family |
Building
Land
|
Acreage |
No |
|
Size Irregular |
7382.377114232729 |
|
Size Total |
7382.3771 Sqft|under 1/2 Acre |
|
Size Total Text |
7382.3771 Sqft|under 1/2 Acre |