11939 101 Street Edmonton, AB T5G 2B8
Listing Courtesy of:  CREA / Real Broker

  11939 101 Street Edmonton, AB T5G 2B8

Active (72 Days)
$1,630,000 (CAD)
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Description

Ready June 2026. Brand New TRIPLEX with 3 LEGAL SUITES (6 RENTAL UNITS) SEPARATELY METERED for ALL UTILITIES. Potential cap rate of 5.13%. Great addition to any portfolio with ability to cash flow immediately. Qualifies for CMHC MLI SELECT. Quick access to NAIT, Kingsway Mall & LRT (train) to Grant MacEwan, U of A, Downtown & ICE District. Three 2-Storey Suites with 3 bed/2.5 bath & Three 1 bed/bath BSMT SUITES. 3-bed plan with built in bench at entry & 5x5 storage rm. Kitchen with pantry, quartz, vinyl plank & SS appliances. Tenants will enjoy 3 large bedrooms, 4pc bath, 4pc ensuite & upper laundry. RAISED FOUNDATION BASEMENT SUITES with large SOUTH facing windows. Effective Gross Income: $110,390. Operating Expenses: $26,692. Net Operating Income: $83,698. Be part of Edmonton’s downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Interior photos not actual property (same plan). Completed building may vary from photos. Property Taxes to be reassessed by City. (id:41440)

MLS®:
44073277
Lot Size
4,604 SQFT
Type
Multifamily
Year Built
2025

Listed By

Jordan C. Seitz, Real Broker
Source
CREA
Last checked Apr 4 2026 at 2:30 PM EDT
Bathroom Details
Parking
  • Total: 3
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Disclaimer: REALTOR.CA 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. Listing Data Last Updated: 4/4/26 07:30

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