8607 108a St Nw, Edmonton, Alberta T6E 4M9

This is your chance to own the University Rental building you have always wanted to own! This newer-built Tri-Plex is nestled in the highly sought-after Garneau Community. Located in a mature neighborhood and is just a short walk to the UofA,River Valley, and Whyte Ave! Building has a total of 8 bedrooms for exceptional income. The building has two 3bedroom units and one 1-bedroom unit. Each unit is self-contained with its laundry and utilities. Units are stacked on top of each other offering spacious floor plans and privacy. The main living areas are open-concept concepts with the living room, dining area, and kitchen flowing into each other. Each kitchen is equipped with full-size stainless steel appliances including dishwashers. Rear on-site parking. The building can be condominiumized and sold as separate units if desired. Rental Rates as follows: #1 $1,200 month-to-month #101 $1,600 yearly end 4/30/24 #201 $1,700 year 8/31/24 Tax $7,078.19 BSMT leased by owner's son. New rate can be neg. (id:27476)

This property is conveniently located near various amenities such as public transit, schools, and shopping, making it an ideal location for potential buyers.

With a freehold ownership type, this newly-built Tri-Plex is a rare opportunity to own a University Rental building in the highly desirable Garneau Community. Situated in a mature neighborhood, it is within walking distance to the U of A, the River Valley, and Whyte Ave, offering a prime location for potential tenants.

Featuring a total of 8 bedrooms, the building consists of two 3-bedroom units and one 1-bedroom unit, each self-contained with its own laundry and utilities. The units are stacked on top of each other, providing spacious floor plans and privacy. The open-concept living areas flow seamlessly into the kitchen, equipped with full-size stainless steel appliances, including dishwashers. Additionally, the building offers rear on-site parking and the option to be condominiumized and sold as separate units if desired.

Currently listed for sale, this property boasts a land size of 405.18 m2 and is situated on 8607 108A ST NW in the city of Edmonton, Alberta, with a postal code of T6E4M9. With a total of 7 bathrooms and 7 bedrooms, the property also features a finished basement with a separate suite entrance. The building construction style is attached, with forced air heating and 2.00 stories. This property is classified as a Triplex, offering a unique investment opportunity for potential buyers.