Courtesy Of Peter Chen Of MaxWell Polaris

9416 156 Street, Edmonton, AB

$2,156,000

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About 9416 156 Street

Investor Alert! Next to future LRT TRAIN station. Multi-family 4plex in Meadowlark Edmonton. The project is facing future PARK and next to future LRT Train station. The 4plex total 7 UNITS: Upstairs-5156 sqft: 4 units (3 beds) & Basement-2556 sqft: 3 units (2 beds). Upstairs each unit is around 1285 - 1293 sf. Basement each unit is around 639 sqft. The project layouts are designed for Between "Downtown & West Mall public transport commuters". The property is projected to generate approximately $152,400 in annual gross rent and cap rate of 4.62%. Support CMHC MLI Select program. Fully finished and equipped with all appliances and landscaping. Walk to the train (LRT) station between West Mall and the Downtown route. The project is estimated to be completed end of Summer 2025. Currently, it is at the framing stage.

Features of 9416 156 Street

MLS® # E4415740
Price $2,156,000
Bathrooms 0.00
Acres 0.00
Year Built 2024
Type Multi-Family Commercial
Status Active

Community Information

Address 9416 156 Street
Area Edmonton
Subdivision Meadowlark Park (Edmonton)
City Edmonton
County ALBERTA
Province AB
Postal Code T5R 1Z4

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Wood Frame
Construction Wood Frame

Additional Information

Date Listed December 11th, 2024
Days on Market 7
Zoning Zone 22
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Peter Chen Of MaxWell Polaris

Listing Map