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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 RE/MAX Real Estate.
Data was last updated 2025-06-25 at 20:18:11 GMT
Talk about an income property! This triplex with legal basement suites gives you 6 units, a current net monthly profit of $8,995 (after expenses), and a cap rate of 5.83%! This property is very well maintained, and is only a few years old with ACTUAL known rental amounts and expenses versus brand new builds that are pure speculation. The upgraded finishings throughout are appealing to tenants as the comfort and stylish decor makes it an ideal rental. All three main units have between 1470-1508sqft, three bedrooms, 2.5 bathrooms, a garage bay in the triple garage, laundry, and an amazing loft with third story West-facing balcony that you can enjoy those ravine views! All three basement suites have their own separate entry, laundry, and are rented fully furnished. Located backing a park, literally steps to Mill Creek ravine and the trendy restaurants on the other side of it, your tenants will love the location! Make a solid long-term investment with this fantastic property!
Listing Information
- Prop. Type:
- Triplex
- Property Style:
- 2 and Half Storey
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4506845
- Bedrooms:
- 10
- Neighbourhood:
- Avonmore
- Area:
- Edmonton
- Province:
- Alberta
- Listing Price:
- $1,850,000
General Information
- Year Built:
- 2019
- Total Square Feet:
- 4465ft2
Additional Information
- Basement Dev:
- Full, Finished
- Parking:
- Triple Garage Detached
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This property is listed by RE/MAX Real Estate 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.
