10021 89 AV, Edmonton, Alberta T6E2S7

CMHC MLI SELECT PROGRAM - This 8-unit multi-family complex is in Prime location in Strathcona facing RIVER AND PARK in Edmonton! 20 beds/16 baths. Built by an experienced infill builder with exceptional standards this property offers an exceptional investment opportunity and is a great addition to your real estat. This modern 3-STOREY build features a versatile unit mix, of (4) spacious 3-bedroom & 2.5-bathroom above-grade units (~1,505 Sqft) and Expected to complete on or before August 2026. Property qualifies fro CMHC Program & delivers projected monthly rents of around $16,000 + utilities and yearly net income of around $61,000 per annum (including principle). Premium upgrades elevate every unit: floor-ceiling cabinets, quartz countertops, 9’ ceilings, in-suite laundry & oversized windows. The versatile basement suites are perfect for long-term tenants or high-earning Airbnb stays. Located in high desirable strathcona close to river, trails, schools, shoping and transit. (id:39198)