$1,549,900
20 days on hômm
1, 2, 3 - 12411 81 Street
Elmwood Park, Edmonton, AB T5B 2T6
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Description
Price includes $73,804.76 GST; get 100% of the GST back through the New Residential Rental Property Rebate Program (see GST/HST memorandum 19-3-9). Brand New TRIPLEX with 3 LEGAL SUITES (6 RENTAL UNITS). Potential cap rate of 5.23%. 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 room. 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: $110,704. Operating Expenses: $29,676. Net Operating Income: $81,028. Be part of Edmonton’s downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Interior pics not actual (same plan).
Included with Sale
Nearby Amenities
Basement
Full, Finished; Fully Finished
Heating
Forced Air-2, Natural Gas
Rooms (3)
Main
Location
MLS® #: E4490039
Listing provided by Jordan C Seitz
Brokerage: Real Broker
Photos: 40 images
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
The MLS® System Data is made available from the REALTORS® Association of Edmonton.
Days on hômm and market statistics values are calculated by hômm based on values provided in the REALTORS® Association of Edmonton listing data feed.
Mortgage values are calculated by hômm and are provided for estimate purposes only.
The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.
Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).
*Sold date and price are as reported on the RAE's MLS® system.
Listing information last updated on May 26, 2026 at 4:03 pm MDT