5 Bedroom
4 Bathroom
5110 sqft
Forced Air
$2,300,000
A rare investment opportunity of 4-plex featuring 4 legal basement suites, providing 8 self-contained residential units on a sought-after corner lot in Ottewell. Each main residence features 3 bedrooms, 2 full bathrooms and a main-floor powder room.Each secondary suite offers 2 bedrooms, 1 bathroom. Designed with modern finishes, stainless steel appliances, quartz countertops, cabinetry and durable vinyl flooring. Contemporary exterior features stucco, luxury stone and siding. Fully landscaped with all appliances, blinds included and separately metered utilities. The project is eligible for CMHC MLI Select financing, offering an attractive opportunity for investors seeking favourable multi-family financing options. Projected gross annual income of approximately $165,000–$180,000. Conveniently located near schools, parks, playgrounds, transit, shopping, major roadways and Edmonton’s River Valley. An exceptional turnkey investment opportunity in an established community. (id:58723)
Property Details
|
MLS® Number
|
E4507556 |
|
Property Type
|
Single Family |
|
Neigbourhood
|
Ottewell |
|
AmenitiesNearBy
|
Public Transit, Schools, Shopping |
|
Features
|
Corner Site, Closet Organizers |
Building
|
BathroomTotal
|
4 |
|
BedroomsTotal
|
5 |
|
Amenities
|
Ceiling - 9ft |
|
Appliances
|
Dishwasher, Dryer, Hood Fan, Refrigerator, Stove, Washer, Window Coverings, See Remarks |
|
BasementDevelopment
|
Finished |
|
BasementFeatures
|
Suite |
|
BasementType
|
Full (finished) |
|
ConstructedDate
|
2026 |
|
ConstructionStyleAttachment
|
Attached |
|
HalfBathTotal
|
1 |
|
HeatingType
|
Forced Air |
|
StoriesTotal
|
2 |
|
SizeInterior
|
5110 Sqft |
|
Type
|
Fourplex |
Parking
Land
|
Acreage
|
No |
|
FenceType
|
Fence |
|
LandAmenities
|
Public Transit, Schools, Shopping |
|
SizeIrregular
|
705.64 |
|
SizeTotal
|
705.64 M2 |
|
SizeTotalText
|
705.64 M2 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Basement |
Bedroom 4 |
|
|
Measurements not available |
|
Basement |
Bedroom 5 |
|
|
Measurements not available |
|
Basement |
Second Kitchen |
|
|
Measurements not available |
|
Main Level |
Living Room |
|
|
Measurements not available |
|
Main Level |
Dining Room |
|
|
Measurements not available |
|
Main Level |
Kitchen |
|
|
Measurements not available |
|
Upper Level |
Primary Bedroom |
|
|
Measurements not available |
|
Upper Level |
Bedroom 2 |
|
|
Measurements not available |
|
Upper Level |
Bedroom 3 |
|
|
Measurements not available |
https://www.realtor.ca/real-estate/30247510/6716-97-av-nw-edmonton-ottewell