10816, 61 Avenue NW, Allendale, Greater Strathcona, Edmonton, Alberta, Canada
Overview
Description
Total 6 units Side-by-Side Duplex in the Allendale, University of Alberta area. Great investment project with the potential to split the land titles. 2 duplex units, 2 basement suites, and 2 garage suites. Each Duplex size is around 1426 sqft. and Basement secondary suite is about 667 sqft., and each Garage suite is around 360 sqft. Highlights: Main floor full bath, Main floor Den, Upstairs bonus room, Two good size bedrooms in the basement suite. CMHC MLI Select financing is available. Cap rate is 4.65%. Photos are 3D rendering and for illustration purposes only. The project is scheduled to be completed in October 2025.
Additional Details
- Garage suite: 2
- CMHC MLI Select: Yes
- Cap rate: 4.65
- Gross rent (year): 122400
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