pillar/IMG-A2201749_1.jpg
7 days on Market

12205,12207,122 121 Ave, Edmonton, Alberta T5M2A3

Townhouse
-
-
~1143.00 sqft
$985,000
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Townhouse
-
-
~1143.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$861/sqft

Est. Mortgage$4,230/mo

Tax Amount (2024)$9,359/yr

Days On Market7 days


Description

INVESTOR ALERT! Excellent cash-flowing opportunity with this fully rented, low-maintenance TRIPLEX in the desirable community of Prince Charles. Generating positive monthly income with a potential market rent of $6,300/month, this property is perfect for savvy investors seeking consistent returns. Built by Urban Sky, this triplex features three gorgeous and bright units, each thoughtfully designed with a modern, open-concept layout and quality finishes throughout. The main levels boast engineered flooring, sleek stainless steel kitchen appliances, and architecturally appealing exteriors featuring a unique combination of vertical and horizontal board-and-batten profiles. Upstairs, each unit provides two spacious primary bedrooms, both complete with their own private four-piece ensuite bathrooms. Additionally, each unit comes with its own partially finished basement, already insulated, studded, and equipped with electrical outlets, lights, and a full-size laundry room—perfect for adding value by customizing into additional living space, bedroom, or bathroom. Further enhancing the property's value are three individually titled detached garages, providing added convenience and potential for increased rental income. Ideally located near NAIT, Grant MacEwan University, the University of Alberta, and downtown Edmonton, this property offers excellent accessibility to public transit, shopping, dining, and all essential amenities. Don't miss out on this outstanding turnkey investment opportunity!


Property Details

StyleOther
View-
Age of property2015
SqFt~1143.00 SqFt
Lot Size-
Parking Spaces3
MLS ®NumberA2201749
Community NamePrince Charles
Data SourcePILLAR 9
Listing byeXp Realty

Features

Basement: Unfinished

Parking

Garage spaces 3

Garage type -

Other parking spaces 0

Total parking spaces 3


Property History

Mar 24, 2025
ListedActive
$985,000
7 days on market
history photo preview34
Listing by pillar®
Property listed by eXp Realty, Brokerage
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Population and Demographics

Overview

Total population 1379
Average household income $99,585

Age (%)

35 to 49
23%
0 to 19
22%
20 to 34
22%
50 to 64
20%
65 and plus
12%

Household composition (%)

Single family
51%
Single person
39%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
79%
Tagalog (Pilipino, Filipino)
4%
Tigrigna
3%
Amharic
2%
Arabic
2%
French
2%
Others
2%
Spanish
2%
Italian
1%

House tenancy (%)

Owners
53%
Renters
47%

Schools and amenities

Estimated Budget