reat investment or Owner/User complex. This eloquently styled complex was built recently with the flair of the 1950's. Features two separate buildings that have been recently constructed. Building One features approximately 3,100 sf of retail/office space with 10ft ceilings and plenty of windows for natural light and can be subdivided into 3 bays. The basement is complete with another 2,000 sf of commercial space. Building One is completed with 3 one-bedroom units that include a spacious patio that overlooks the street. Building Two has three, two-storey townhome condos approximately 1,550 sf, that feature 3 bedrooms, 2.5 bathrooms, double detached garage, separate entrance to the basement for future development, All residential units are fully leased.More details
Welcome to Cumberland Apartments – a charming community-oriented complex with a beautiful central courtyard and outdoor space complete with garden boxes and BBQ space. This 20 unit building is actually two separate buildings built at different times originally. With 13 one bdrm suites, 6 two bdrm and 1 two plus den, many suites have had extensive renovations and modernization upgrades and others have maintained the character of the building with refinished hardwood floors and more. New windows throughout and a recent partial roof replacement take care of a lot of the big ticket capital items, while leaving the opportunity for some further exterior façade improvements. Well located near Westmount shopping centre and just south of the Yellowhead, there’s easy access and good transit connections as well.More details
Discover the epitome of multi-family residential excellence in Allendale's sought-after southside locale all standing near the University of Alberta, Ravine trails, Whyte Ave amenities & close to Southgate Mall. Crafted & Built by the original owner with meticulous care, the quality shows in this rare & pristine asset. The hot water heating system is powered by a Super Hot boiler,13 electrical meters, storage, shed,14 electrified parking stalls on separate breakers & more. Experience expansive suite layouts that exude spaciousness. Nestled on a sprawling 12,560 sq ft corner lot, its picturesque landscaping captivates. Each unit is comes with a full size fridge, electric stove & Built-in dishwasher, while upper units have a balconies & with a Gross annual income of over $150,000, this building won’t disappoint. Large 6 foot wide hallways & spacious stairs enhance accessibility, while a flawless management record underscores ease of maintenance. When Location, Quality & Timing all come together - Perfect!More details
Clean Building w/ Character! This 6-Plex is situated on a Corner Lot with availability for future development in "The Quarters''. Updates to the Building include new Roof w/ Insulation & Capping, HWT (2019) and some units have been renovated. Units are spacious, bright & carpet-free. Excellent suite mix (3-One Bedrooms & 3-Two Bedrooms). Safe property with a great tenant profile (adult). Currently Self-Managed and rental rates are presently below market value. Easily accessible Public Transit + Future Valley LRT Stop is a 6 mins walk. Steps away from the vast network of Edmonton's breathtaking River Valley walking & biking trails. Downtown, MacEwan University & NAIT are 10 - 30 mins away (car, bus or bike). Incredible Investment Opportunity!More details
18 unit Rooming House that has been very well maintained and run! 17 units consisting of a combination of bachelor, double or triple rooms. Top Penthouse unit is self contained with its own kitchen, bathroom, living room and bedrooms - perfect for the potential investor to live in or have a high earning unit! Excellent location with proximity to Downtown. Interior upgrades have been completed through the years including windows furnaces, hot water tank, bathrooms, paint, flooring wiring etc. Good holding property with excellent return & potential for future development. 5 parking stalls in back! Cap rate over 14%.More details
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