TRIPLEX w/ 3 LEGAL SUITES (6 RENTAL UNITS) qualifying for CMHC MLI SELECT. Cash-on-Cash Return of 47.92% (SELF MANAGED) or 36.57% (MANAGED) w/ GST rebate, financing, appraisal & legal fees considered. Projected monthly rent is $9,750 w/ annual gross revenue of $117,000 & cap rate of 5.49-6.06%. Cash Flow After Debt Service - SELF MANAGED $22,442 or $13,363 MANAGED. LRT access to Grant MacEwan, U of A, Downtown, ICE District. Close to Kingsway Mall, Royal Alex & Glenrose Hospital. Three 2-Storey Suites w/ 3 bed/2.5 bath & Three 1 bed/bath BSMT SUITES. 3-bed plan w/ built in bench at entry & 5x5 storage. Kitchen w/ pantry, quartz, vinyl plank & SS appliances. Tenants enjoy 3 large bedrms, 4pc bath, 4pc ensuite & upper laundry. BSMT SUITES w/ large SOUTH windows. 3 ENERGIZED parking stalls. Final lot grading. Wrapped foundation. Be part of Edmonton’s downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering used. Ready FEB 2026.
Address
11939 101 ST NW
List Price
$1,599,900
Property Type
Residential
Type of Dwelling
Triplex
Style of Home
2 Storey
Area
Edmonton
Sub-Area
Westwood (Edmonton)
Bedrooms
4
Bathrooms
4
Half Bathrooms
1
Floor Area
3,600 Sq. Ft.
Lot Size
4609.43 Sq. Ft.
Lot Shape
Rectangular
Year Built
2025
MLS® Number
E4430654
Listing Brokerage
Real Broker
Postal Code
T5G 2B8
Zoning
Zone 08
Parking
Rear Drive Access, Stall, See Remarks
Community Features
Off Street Parking, On Street Parking, Hot Water Tankless, Storage-In-Suite, Vinyl Windows, Infill Property, 9 ft. Basement Ceiling
Exterior Features
Back Lane, Paved Lane, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Interior Features
ensuite bathroom
Heat Type
Forced Air-2, Natural Gas
Construction Materials
Wood, Vinyl
Direction Faces
West
Foundation Details
Concrete Perimeter, See Remarks
Garage Type
No
Roof
Asphalt Shingles
Access To Property
Paved