10546 72 AV NW NW

Edmonton, AB T6E4T8

Purpose-built, turnkey investment in one of Edmonton's strongest rental corridors. Brand-new 4-plex with 4 legal basement suites in desirable Queen Alexandra, just minutes from the University of Alberta, built by the award winning Bloc 53 Developments. Offering 8 self-contained suites, 16 bedrooms, 14 bathrooms, and 4 single garages, this premium multi-family asset is separately metered for all utilities and is an ideal candidate for the CMHC MLI Select Program, with projected gross annual income of $166,000–$180,000. All suites include stainless steel appliances, modern finishes and the property comes fully landscaped. Seller will provide a recent appraisal and Phase I environmental report (approximately $7,000 in value), saving buyers time and due diligence costs. An outstanding turnkey investment in a high-demand rental location with exceptional cash flow and a strong tenant profile. Rare opportunity in one of Edmonton's most sought-after rental markets. (id:31684)

Listing courtesy of: Ray Elwenni of Royal Lepage Arteam Realty

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.