8117 114 AV NW Edmonton, AB
$ 2,125,000
Property Attributes
  • ID#E4273872
  • TypeMulti-Family
  • CityEdmonton
  • NeighbourhoodParkdale_EDMO
  • Postal CodeT5B 0C1
  • Style
  • Price$ 2,125,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
MaxWell Progressive
Data Source:
Canadian Real Estate Association
Property Description

Fantastic Investor Opportunity Package, cash flow turn key rentals ! 17 Condo Apartment Units in 2 Buildings, minutes apart. 9 units in Parkdale Manor(built in 2009), and 8 units in Parkdale Terrace(built in 2003@ 8021 115 avenue) The Buildings are well managed, well maintained, close to shopping LRT and Trails. The Apartment Units bring a strong monthly rent roll, for the investor, in a fantastic central location .The units have balconies and in-suite laundry, newer and contemporary finishes, with all appliances. These are residual units from the Developer being sold as one block. Bulk Purchase Cash Back of $255,000.00($15,000.00 per unit) is being offered b y the seller as a bulk purchase rebate , that bumps the Cap Rate from 6.2% to 7.1% . Amenities include, Bike Trails, Transit, shopping, These central locations, are 2 bedroom units or one bedroom with a den, and are great for Students and Professionals, as tenants. Ideal to add to an existing portfolio. (id:7434)

General Features

More Information Link
Neighbourhood Parkdale_EDMO
Property Type Multi-family

Interior Features

Building Fireplace Present False

Exterior Features

Parking Space Total 1


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in T5B 0C1

AVG $2.13M
AVG 15
Year Built
AVG 2003

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