11411 88 St Nw, Edmonton Property Listing: MLS® #E4416133

About 11411 88 St Nw

TRIPLEX w/ 3 LEGAL SUITES (6 RENTAL UNITS) qualifying for CMHC MLI SELECT. Cash-on-Cash Return of 55.79% (SELF MANAGED) or 43.84% (MANAGED) w/ GST rebate, financing, appraisal & legal fees considered. Projected monthly rent is $9,735 w/ annual gross revenue of $116,820 & cap rate of 5%. Cash Flow After Debt Service - SELF MANAGED $24,637 or $15,525 MANAGED. Quick LRT (train) access to Nait, Grant MacEwan, U of A, Downtown, ICE District, Kingsway Mall, Royal Alex & Glenrose Hospital. Three 2-Storey Suites w/ 3 bed/2.5 bath & Three 1 bed/bath BSMT SUITES. 3-bed plan w/ built in bench at entry & 5x5 storage rm. Kitchen w/ pantry, quartz, vinyl plank & SS appliances. Tenants will enjoy 3 large bedrooms, 4pc bath, 4pc ensuite & upper laundry. BSMT SUITES w/ large SOUTH facing windows. Landscaped yard w/ 5 ENERGIZED parking stalls. Be part of Edmonton’s downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering used. Ready Fall 2025. (id:36535)

Features of 11411 88 St Nw

Listing #	E4416133
Price	$1,525,000
Bedrooms	4
Bathrooms	4.00
Half Baths	1
Square Footage	3,600
Acres	0.12
Year Built	2024
Type	Single Family
Sub-Type	Freehold

Community Information

Address	11411 88 St Nw
Subdivision	Parkdale (Edmonton)
City	Edmonton
Province	Alberta
Postal Code	T5B3P9

Amenities

Amenities	Playground, Public Transit, Schools, Shopping, Vinyl Windows
Features	See remarks, Paved lane, Lane
Parking	Rear, See Remarks
Is Waterfront	No
Has Pool	No

Interior

Appliances	Dryer, Washer/Dryer Stack-Up, Washer, See remarks, Refrigerator, Two stoves, Dishwasher
Heating	Forced air
Fireplace	No
# of Stories	2
Has Basement	Yes
Basement	Suite

Listing Details

Office	Courtesy Of Jordan C. Seitz Of Real Broker