University property investor! 3 Story Total 5 units 4382.4 sqft. with 14 beds & 14 baths. 3 story Front-back Duplex + 2 basement units (each 610 sqft.) + 1 garage suite (678 sqft.) & 2 single garage parkings. Financing available CMHC MLI. The project layouts are designed for "university students" rental. The property is projected to generate approximately $115,200 in annual gross rent and cap rate of 4.6%. Fully finished and equipped with all appliances and landscaping. 2 mins walk to bus station and directly to University of Alberta or to Southgate shopping center. The project is estimated to be completed in 2025.
Data was last updated November 22, 2024 at 08:30 PM (UTC)
Area Statistics
Listings on market:
106
Avg list price:
$659,778
Min list price:
$315,000
Max list price:
$3,995,000
Avg days on market:
59
Min days on market:
2
Max days on market:
668
Avg price per sq.ft.:
$473.09
These statistics are generated based on the current listing's property type
and located in
Zone 15. Average values are
derived using median calculations.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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