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.
For sale
C$1,599,900
11939 101st St NW, Edmonton, AB T5G 2B8
4beds
3,600sqft
Triplex
Built in 2025
-- sqft lot
$-- Zestimate®
C$444/sqft
C$-- HOA
What's special
- 27 days
- on Zillow |
- 17 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: May 05, 2025 at 06:36am
Listed by:
Jordan C Seitz,
Real Broker
Source: RAE,MLS®#: E4430654

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Upper
Heating
- Forced Air-2, Natural Gas
Appliances
- Included: Dryer, Washer/Dryer Stacked, Washer, See Remarks, Second Refrigerator, Second Stove, Second Dishwasher, Second Microwave Hood Fan, Tankless Water Heater
Features
- Storage
- Flooring: Carpet, Vinyl Plank
- Windows: Vinyl Windows
- Basement: Full, Finished, 9 ft. Basement Ceiling, 9 ft. Basement Ceiling
Interior area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
Property
Parking
- Parking features: Rear Drive Access, Stall, See Remarks
- Has uncovered spaces: Yes
Features
- Levels: 2 Storey,3
- Pool features: Community, Public Swimming Pool
Lot
- Size: 4,609.42 Square Feet
- Features: Near Public Transit, Schools, Shopping Nearby, Public Transportation, Infill Property
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Foundation: Concrete Perimeter, See Remarks
- Roof: Asphalt
Condition
- Year built: 2025
Community & HOA
Community
- Features: Hot Water Tankless, Storage-In-Suite
Location
- Region: Edmonton
Financial & listing details
- Price per square foot: C$444/sqft
- Date on market: 4/13/2025
- Ownership: Agent/Seller has Interest,Private
- Road surface type: Paved Lane
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