Courtesy of Manveer S Maan of
Century 21 All Stars Realty Ltd
Status:
Active
MLS® Num:
E4360382
Build. Type:
Townhouse/Condo Complex
Floor Area:
12,120 sq. ft.1,126 m2
Welcome to Southeast Edmonton. Alberta is calling, so is this investment. 40 BEDROOMS+, 24 seperate LEGAL rental units and all with NO CONDO FEE. Each individual unit is designed to maximize returns and offers a unique blend of luxury finishes/features. These spacious homes consist of a main living area with 3 BED and 2.5 BATH, providing comfortable living spaces for residents. What sets these properties apart is the inclusion of a separate 2-bedroom legal basement suite, adding significant rental income potential to your investment. Additionally, there's a garden suite perched atop the detached double garage, offering even more versatility and rental income possibilities. And all this times 8 fee simple towns. This investment opportunity boasts an estimated 7% cap rate, making it an attractive choice for both first-time homebuyers and savvy investors. It promises to be a cashflow-positive investment. Don't miss out on the chance to capitalize on this prime real estate offering.More details
reat investment or Owner/User complex. This eloquently styled complex was built recently with the flair of the 1950's. Features two separate buildings that have been recently constructed. Building One features approximately 3,100 sf of retail/office space with 10ft ceilings and plenty of windows for natural light and can be subdivided into 3 bays. The basement is complete with another 2,000 sf of commercial space. Building One is completed with 3 one-bedroom units that include a spacious patio that overlooks the street. Building Two has three, two-storey townhome condos approximately 1,550 sf, that feature 3 bedrooms, 2.5 bathrooms, double detached garage, separate entrance to the basement for future development, All residential units are fully leased.More details
This unique property, located only 1 block from Stony Plain Road, is commercially focussed. It has the flexibility to handle virtually any professional, creative or consumer services business. With over 5000SF of working space on 3 levels, the layout incorporates private offices, common workspaces, a welcoming reception area, kitchen space, and a huge studio space with 12-foot ceilings. All 3 floors have fire-rated door and the main floor is handicap accessible. There is rear parking for at least 6 vehicles and street parking in front for clients. Purchased in 2009 and renovations to current design in 2011. For savvy business operators, the back studio is designed so it can be rented out to photographers thus subsidizing your mortgage as much as $6000/mth.More details
Data was last updated October 2, 2023 at 12:30 AM (UTC)
Copyright 2023 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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.