Courtesy of Ricky Chowdhury of Century 21 All Stars Realty Ltd
Status:
Active
MLS® Num:
E4408942
Build. Type:
Low Rise (2-4 stories)
Shelby Arms is a boutique Multi-Family Walk-up Apartment with 12 total units, 11 x one-bedroom units & 1 x Studio suite. On a quiet street just north of the 'WOW' amenities of 104th Street with close proximity to Downtown, NAIT, the Arena and public transportation to the U of A & all areas of the City. All suites are corner-end units with luxury finishing at this affordable price with a good capitalization rate. UPGRADES: Most suites w/ gourmet kitchens with quartz countertops & seven appliances, not to mention spa-like bathrooms with Jacuzzi tubs. All suites have maintenance-free flooring, mostly solid hardwood & porcelain tile. Many more were put into most suites, such as frosted glass doors, new windows, newer siding, newer roof, newer electrical throughout, updated fire alarm, new parking lot, boiler in 2014 & most mechanical. Low maintenance landscaping, new balconies or patios on all suites but two. Some suites come furnished. The Residential building is being sold under a single land title.More details
Courtesy of Anahid Shahmoradi of MaxWell Challenge Realty
Status:
Active
MLS® Num:
E4408363
Build. Type:
Freestanding
$155k of upgrades and reno’s in the last 7 years. 6 plex Corner Lot 45.7 x 15.2 SQM 100% occupancy for the last 8 years. Current market rates present potential to increase profit / cap rate by up to 25%.Current rent rates may be attractive for CMHC MLI Select financing. All tenants are month to month. Close to NAIT, Royal Alex Hospital, Blatchford and the Future LRT. Major upgrades include parking/sidewalk (3 years), boiler (3 years), hot water tank (4 years), exterior paint (4 years), balconies (4 years), main doors (5 years), roof repairs (2 years), a new mail lockbox, security system, and additional storage space. Five of the six suites have been renovated, and the heating and security systems can be controlled remotely by the new owner. Current rents are $1,100 for two-bedroom units and $900 for one-bedrooms(never raised for years) plus Laundry revenue which can be raised as well.More details
Prime location close to all amenities; transportation routes and public transit. Nine (9) Units; all with vinyl plank flooring; newer countertops within the last 5 years. Kitchen cabinets could be updated for minimal cost, to enhance the former renovations completed in each Unit adding additional value to the Building. (3) Bedroom Units. Five (5) One Bedrooms; One (1) Batchelor Suite; Prime location close to all amenities; transportation routes & public transit. All Units have vinyl plank flooring; newer countertops within the last 5 years. All rents include Utilities; but there are separate electrical meters for each Unit.More details
Courtesy of Pam Gill of Sutton Central Commercial Real Estate
Status:
Active
MLS® Num:
E4409571
Build. Type:
Low Rise (2-4 stories)
This is a 4 storey, wood frame construction complex. Exterior is mainly wood siding with brick accents. Roof replaced in 2017. Eavestroughs and downspouts replaced. Hot water heating system. Hot water tank replaced in 2024. Suites renovated on turnover, long term owners, professionally managed, cap rate 5%, annual income over $744,000. Excellent suite mix 22 x 1 bedroom units, 32 x 2 bedroom units. Rent increased on turnover.More details
Well-maintained 6-plex in Central McDougall, Edmonton, located in a vibrant and diverse neighborhood. This property features a great unit mix with generous-sized units. Upgrades over the years include balcony railings that meet current compliance, newer concrete sidewalks, and energized parking stalls. The property also includes a detached garage for added convenience. Walking distance to downtown, Grant MacEwan University, the Royal Alexandra Hospital, and the exciting ICE District. With excellent access to public transit, including the LRT just a block away, this location offers unmatched convenience for tenants. Perfectly positioned near schools, parks, restaurants, and shopping. Proximity to major employers ensures a steady tenant pool. Please allow 1.5 to 2 days' business notice for showings to serious, qualified buyers.More details
Investor Alert! This 19-unit property is a fantastic investment opportunity, featuring 12 units in the South Wood Frame Building and 7 legal units and 1 non-conforming unit in the North Concrete Block Building, with a 5-bay garage at the rear. Situated on a large lot in Sherbrooke, just off St. Albert Trail and minutes from Westmount Mall, this property offers a prime location. The mix includes 13 one-bedroom, 6 two-bedroom units and 1 non-conforming bachelor.More details
Courtesy of David G Parker of Northfield Commercial
Status:
Active
MLS® Num:
E4413102
Build. Type:
Walk Up
Glenora apartments is an eleven suite apartment building located at 10320 - 124 Street in Edmonton, Alberta, in the neighbourhood of Westmount. It is a two and a half storey walk-up, wood-frame construction building that was built in 1950. Parking is surface and gravel. The suite mix is 2 studio suites and 9 one-bedroom suites. All income and expense numbers are proforama numbers.More details
This well-maintained multi-unit rental property offers a fantastic opportunity for investors or anyone looking to expand their real estate portfolio. Located in a highly desirable area, this estate sale consists of 15 rental units with a mix of bachelor, 1-bedroom, and 2-bedroom apartments. The building has been meticulously cared for and features numerous recent renovations, ensuring a stable and profitable investment for years to come. Long-Term Tenants: Enjoy a steady stream of rental income with many tenants who have been in place for several years, providing a consistent cash flow. Prime Location: Centrally located with easy access to public transit, shopping, schools, and all the amenities the area has to offer. Income Potential: A well-established building in a sought-after neighborhood, perfect for continued rental income or long-term appreciation. This is a fantastic opportunity to acquire a well-maintained, fully leased building in a prime location.More details
Courtesy of John D Stobbe of Platinum Property Group Inc.
Status:
Active
MLS® Num:
E4405102
Build. Type:
Multi Tenant/Multi Plex
This 3-story building has 20 residential apartments and 5 commercial spaces. The building is currently 100% occupied. The residential suites comprise of 12 one-bedroom suites and 8 two-bedroom suites. There are 10 suites on each floor; all suites have one bathroom, galley style kitchen with a stove & fridge, balcony, and energized outdoor parking stall. The 2 bedrooms have storage space within the unit, while the 1-bedroom units have access to storage in the basement area. The 2 bedrooms suite generally rents for $1200 and 1-bedroom suites rent for $1000. Copies of tenant leases are available. The building is of concrete construction, flat tar roof with a natural gas boiler and 80-gallon hot water tank. This equipment services both the residential and commercial tenants. The main entrance faces east. There is 2 washers and 2 dryers on site; leased.More details
University property investor! one of the kind: 3plex total 5 units: 17 beds + 17 baths + 3 half baths. This property is suitable for the CMHC MLI SELECT PROGRAM. Layouts are perfect for "university students". The property is projected to generate approximately $129,600 in annual gross rent and cap rate of 4.43%. Fully finished and equipped with all appliances and landscaping. Walk to train (LRT) station and 2 stops to University of Alberta. The project is estimated to be completed in the September/October 2025. Photos are 3D rendering for illustration purpose only.More details
Courtesy of Jeneen L Marchant of RE/MAX Real Estate
Status:
Active
MLS® Num:
E4403094
Build. Type:
Townhouse/Condo Complex
What a great investment opportunity at $165,000 per door! You can own 24 out of 72 units in a townhome complex, each individually titled. There's a mixture of 17 two-story 1044 sq.ft units, and seven 1033 sq.ft bungalow townhomes in this portfolio... all of which are 3 bedrooms! Rents are currently an average of $1,100 and being increased as leases are up for renewal, but you can easily increase to $1,300 on average to reflect market rents (this is shown in the stabilized proforma figures). The current cap rate is 3.46% and again can easily be increased to 5.41% by just going to market rents. The exterior has been completely updated. Also great as a BRRR because the photos reflect the average unit which could use renovations if you want to renovate and refinance, or rent as is. Move in ready and currently professionally managed. Low condo fees, close to schools, parks, transit, and amenities makes us a solid investment for any portfolio. No VTBs or creative financing please.More details
Courtesy of Pam Gill of Sutton Central Commercial Real Estate
Status:
Active
MLS® Num:
E4414249
Build. Type:
Low Rise (2-4 stories)
This unique complex consists of 6 one bedroom units. Each unit has its own entrance. No common area other than laundry in the basement. Units have been upgraded on turnover. Shingled roof replaced in 2023. Some new windows, 2 forced air furnaces, one recently replaced, 2 hot water tanks(replaced), fenced yard front and back. Self managed. Easy to mange. Located in Downtown Edmonton on a very mature quiet street. Close to ICE district and Macewan University. Walk to main transit stop and to LRT Station. Gross income over $69,000 annually cap rate 5.95%.More details
Data was last updated January 15, 2025 at 11:30 AM (UTC)
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