$1,599,900
92 days on hômm
12411 81 ST
Elmwood Park, Edmonton, Alberta T5B2T6
Interested in this property?
We typically respond within a few hours
Description
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: $110,390. 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). Price includes $76,185.71 in GST; apply for 100% GST rebate with Purpose-built Rental Housing Rebate. See GST/HST memorandum 19-3-9. (id:39198)
Included with Sale
Basement
Finished, Full, Suite
Heating
Forced air
Lot Information
4,821.8 sq ft
Rooms (8)
Main level
Upper Level
Location
MLS® #: E4470755
Listing provided by Jordan Seitz
Brokerage: Real Broker
Photos: 53 images
Similar Homes For Sale
Recently Sold Nearby
Unlock Sold Prices
Create a free account to see what homes sold for in this area.
No credit card required
Website provided by Kelly Grant
Copyright 2026 by the Canadian Real Estate Association (CREA). All Rights Reserved.
Data provided by the Canadian Real Estate Association (CREA). Data is deemed reliable but is not guaranteed accurate.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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®).
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.
Listing information last updated on April 21, 2026 at 4:46 pm MDT