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Lea Alexander
- Sterling Real Estate
PO Box 355, Fallis, Alberta
PO Box 355, Fallis, Alberta
Listing Details
For more information on this listing or other please contact me.
Courtesy of Exp Realty.
Data was last updated 2025-06-25 at 20:18:11 GMT
MLI Select qualified investment property. Multifamily Apartment Complex Located in Garneau, this is an attractive investment opportunity with 7 (2bed-2bath) units and modern amenities including gym and library. Close to all amenities: University of Alberta, the river valley, Whyte Ave. and more! Includes: laundry in each unit, separate HVAC for each unit, interior and exterior bike racks, upgraded exterior with modern elevation, energy efficient building and more! This property will offer stable cash flow with a strong rental market in this neighborhood and potential for value appreciation. With a current cap rate of 6% and a gross scheduled income of 190k annually, this presents a promising investment prospect for those seeking to capitalize on the thriving Edmonton's real estate market. Currently under permitting and available for possession Mid 2025.
Listing Information
- Prop. Type:
- Other
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4388464
- Neighbourhood:
- Garneau
- Area:
- Edmonton
- Province:
- Alberta
- Listing Price:
- $2,450,000
General Information
- Year Built:
- 2024
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This property is listed by Exp Realty and provided here courtesy of
Lea Alexander .
For more information or to schedule a viewing please contact Lea Alexander .
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
