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Agent On Duty Loralee Johnson View Profile

Multi-Family Residential Building for Sale

Courtesy of Jordan Seitz of Real Broker

Property For Sale In Westwood (edmonton), Edmonton

Multi-Family Residential Building for Sale, MLS® # E4430866

TRIPLEX w/ 3 LEGAL SUITES (6 RENTAL UNITS) qualifying for CMHC MLI SELECT. Cash-on-Cash Return of 51.69% (SELF MANAGED) or 39.99% (MANAGED) w/ GST rebate, financing, appraisal & legal fees considered. Projected monthly rent is $10,050 w/ annual gross revenue of $120,600 & cap rate of 5.66-6.25%. Cash Flow After Debt Service - SELF MANAGED $25,462 or $16,103 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 & 5ž5 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 MAR 2026.

Contact Loralee Johnson About MLS® E4430866

Required Field

Loralee Johnson, 780-962-8580 at RE/MAX PREFERRED CHOICE, #4, 16 Nelson Drive, Spruce Grove, Alberta, T7X 3X3

property information

  • Property Type: Multi-Family Residential Building
  • MLS®#: E4430866
  • Year Built: 2025
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Community Information

  • Neighbourhood: Westwood (Edmonton)
  • City: Edmonton
  • Postal Code: T5G 2B8
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$1,599,900

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Disclaimer: Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated June 16, 2025, 10:28 am.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.

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