*INVESTORS ALERT* Opportunity to own this stunning 8-Unit building which QUALIFIES for the CMHC MLI SELECT program. 4PLEX with 4 LEGAL suites in the heart of CAPILANO. A+ TENANT PROFILE & LOW VACANCY! Around 7500 Sq Feet of living space with 16 BEDROOMS AND 16 BATHROOMS. Upon entry of each unit, you will be welcomed by a modern open concept, the main floor features chefs kitchen, living and dining space. Upstairs will be 3 well sized bedrooms, including the primary ensuite and upstairs laundry. Separate entrance leads to 1-bed/1-bath LEGAL basement with full kitchen and laundry. High end finishes, large TRIPLE PANE windows, quartz counters and 9-FT CEILINGS in basement & main floor. Projected rental income is $14,000-$15,000 per month for the entire building. One might try to Air BnB and bring in more cash. Currently under construction with an expected September 2025 closing. SUPERB location with mature trees, minutes to downtown, college/university, restaurants and shopping.
Address
10698 61 ST NW
List Price
$2,195,000
Property Type
Residential
Type of Dwelling
Quadruplex
Style of Home
2 Storey
Area
Edmonton
Sub-Area
Capilano
Bedrooms
4
Bathrooms
4
Half Bathrooms
1
Floor Area
5,202 Sq. Ft.
Lot Size
6701.61 Sq. Ft.
Lot Shape
Rectangular
Year Built
2025
MLS® Number
E4431872
Listing Brokerage
Initia Real Estate
Postal Code
T6A 2L5
Zoning
Zone 19
Parking
Parking Pad Cement/Paved
Community Features
On Street Parking, Ceiling 9 ft., No Animal Home, No Smoking Home, Vinyl Windows, 9 ft. Basement Ceiling
Exterior Features
Back Lane, Corner Lot, Fenced, Flat Site, Playground Nearby, Schools, Shopping Nearby, See Remarks
Interior Features
ensuite bathroom
Heat Type
Forced Air-2, Natural Gas
Construction Materials
Wood, Vinyl
Direction Faces
Southeast
Foundation Details
Concrete Perimeter
Garage Type
No
Roof
Asphalt Shingles
Access To Property
Paved