Ahmad Sai - 780-982-1119
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Multi-family in Edmonton
- 120
- 65
0 Bedrooms
0 Bathrooms- 4167 Sq Ft
Property Type
Multi-family
Description
FULLY TENANTED, corner lot exceptional 6-unit income property offering a rare and highly functional suite mix in Edmonton’s mature Westwood neighbourhood just minutes from NAIT. Built in 2016, this well-maintained building sits on four separate condominiumized titles with no condo fees, creating flexible financing options for investors.The property features two 4-bedroom + 3.5 bath (2 baths are generous ensuites) townhome-style units, two 2-bedroom + 2.5 bath units main floor units (2 baths are generous ensuites) , and two 1-bedroom legal basement suites, providing strong tenant diversification and consistent rental demand. The two middle units each span three fully finished levels, while the end units include legal basement suites completed within the past two years.Each unit is thoughtfully designed with modern layouts and quality finishes, tenants pay for their own utilities, helping keep operating expenses low. The property generates a handsome cap rate of 5.9%Additional highlights include:• 4-bay garage plus large parking pad (8 total parking stalls, not including street parking)• Two basement suites with private fenced yards, ideal for tenants with pets• Separate in-suite laundry in all units• Annual furnace maintenance • Major components including roof, windows, furnaces, hot water tanks and eaves installed in 2016With Small Scale Residential zoning (RS) and four individual titles, the property offers investors the flexibility to hold as a single commercial multifamily asset or finance using multiple residential mortgages.A turnkey investment with strong income, modern construction, and an excellent suite mix designed for long-term stability. Dont miss out!! (id:6769)
Property Details
Lot
7501.2863
Year Built
2016
Parking Type
8
Listing Agent
Megan Prusko
(780) 913-5792
Brokerage
Exp Realty
(403) 262-7653
Disclaimer:
The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. 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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Listing data last updated date: 2026-03-08 02:59:14
