Currently DP permit completed - University property investor! one of the kind: 3plex total 5 units: 17 beds + 17 baths + 3 half baths. Upstairs each unit is around 1300 sqft. Basement each unit is around 654 sqft. The project layouts are designed for "university students" rental. The property is projected to generate approximately $141,600 in annual gross rent and cap rate of 5.02%. 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 Summer 2025.
Data was last updated November 24, 2024 at 08:30 PM (UTC)
Area Statistics
Listings on market:
104
Avg list price:
$672,400
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:
670
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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