Courtesy of Michael Pavone of RE/MAX Elite
This is your chance to own the University Rental building you have always wanted to own! This newer-built Tri-Plex is nestled in the highly sought-after Garneau Community. Located in a mature neighborhood and is just a short walk to the UofA,River Valley, and Whyte Ave! Building has a total of 8 bedrooms for exceptional income. The building has two 3bedroom units and one 1-bedroom unit. Each unit is self-contained with its laundry and utilities. Units are stacked on top of each other offering spacious floor plans and privacy. The main living areas are open-concept concepts with the living room, dining area, and kitchen flowing into each other. Each kitchen is equipped with full-size stainless steel appliances including dishwashers. Rear on-site parking. The building can be condominiumized and sold as separate units if desired. Rental Rates as follows: #1 $1,200 month-to-month #101 $1,600 yearly end 4/30/24 #201 $1,700 year 8/31/24 Tax $7,078.19 BSMT leased by owner's son. New rate can be neg.
Off Street Parking, On Street Parking, No Animal Home, No Smoking Home, Storage-In-Suite, See Remarks, Infill Property
EREB Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.