Edmonton, AB T5G2P6 11323 106 ST NW
$2,200,000
4 more
Presented By: Initia Real Estate
Beds • 4
Full/Half Baths • 3 / 1
SQFT • 5,567
Home Details
Brand new 4-plex with 8 fully legal units in central Edmonton! Each main unit features 3 bedrooms, 2.5 baths, and 1,395 sq ft, plus a fully self-contained 1 bedroom, 1 bath basement suite (686 sq ft) with separate entrance and in-suite laundry. Modern finishes throughout, separate utility meters, and parking included. Projected gross rent of $163,200/year with 5–6% cap rate potential. Ideally located near NAIT, Royal Alexandra Hospital, downtown, and major transit routes. No rent control, low property taxes, and a strong rental market make this a perfect turnkey investment. Future condo title potential. A rare opportunity for cash-flow-focused buyers in one of Canada’s most landlord-friendly markets. (id:7434)
Presented By: Initia Real Estate
Interior Features for 11323 106 ST NW
Other Interior Features
Basement DevelopmentFinished
Basement TypeFull (Finished)
Building Fireplace PresentFalse
Building Heating TypeForced air
Construction Style AttachmentAttached
General for 11323 106 ST NW
AmenitiesPlayground, Public Transit, Schools, Shopping
Building AmenitiesCeiling - 9ft, Vinyl Windows
Building AppliancesDishwasher, Dryer, Microwave Range Hood Combo, Refrigerator, Stove, Washer, See remarks
Building Basement FeaturesSuite
Building TypeFourplex
Building.StoriesTotal2
Community FeaturesPublic Swimming Pool
FeaturesLane, Exterior Walls- 2x6, No Animal Home, No Smoking Home
NeighbourhoodSpruce Avenue
Ownership TypeFreehold
Parking Space Total3
Property TypeSingle Family
Suite - LegalYes
Exterior for 11323 106 ST NW
Land Amenities Playground, Public Transit, Schools, Shopping
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty