11939 101 Street NW Edmonton, AB T5G 2B8
Listing Courtesy of: REALTORS® Association of Edmonton / Real Broker / Jordan C Seitz

  11939 101 Street NW Edmonton, AB T5G 2B8

Active
$1,599,900
4
BED
4
BATH
3,600
SQFT

Description

TRIPLEX w/ 3 LEGAL SUITES (6 RENTAL UNITS) qualifying for CMHC MLI SELECT. Cash-on-Cash Return of 47.92% (SELF MANAGED) or 36.57% (MANAGED) w/ GST rebate, financing, appraisal & legal fees considered. Projected monthly rent is $9,750 w/ annual gross revenue of $117,000 & cap rate of 5.49-6.06%. Cash Flow After Debt Service - SELF MANAGED $22,442 or $13,363 MANAGED. LRT access to Grant MacEwan, U of A, Downtown, ICE District. Close to 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. Kitchen w/ pantry, quartz, vinyl plank & SS appliances. Tenants enjoy 3 large bedrms, 4pc bath, 4pc ensuite & upper laundry. BSMT SUITES w/ large SOUTH windows. 3 ENERGIZED parking stalls. Final lot grading. Wrapped foundation. Be part of Edmonton’s downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering used. Ready FEB 2026.

MLS®:
E4430654
Type
Multifamily
Year Built
2025
Style
2 Storey

Listed By

Jordan C Seitz, Real Broker
Source
REALTORS® Association of Edmonton
Last checked Apr 28 2025 at 1:22 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
  • Half Bathroom: 1
Interior Features
  • Amenities: Dryer
  • Amenities: Stacked Washer/Dryer
  • Amenities: Washer
  • Amenities: See Remarks
  • Amenities: Refrigerators-Two
  • Amenities: Stoves-Two
  • Amenities: Dishwasher-Two
  • Amenities: Microwave Hood Fan-Two
  • Additional Rooms: Second Living Room Second Kitchen
Property Features
  • Foundation: Concrete Perimeter
  • Foundation: See Remarks
Heating and Cooling
  • Forced Air-2
  • Natural Gas
Basement Information
  • Full
  • Finished
Pool Information
  • Public Swimming Pool
Exterior Features
  • Roof: Asphalt Shingles
Parking
  • Rear Drive Access
  • Stall
  • See Remarks
Stories
  • 3
Living Area
  • 3,600 sqft
Location
   
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Disclaimer: Copyright 2024 REALTORS® Association of Edmonton IDX. 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®). 4/27/25 18:22