Exceptional investment opportunity in Westwood! This modern corner-lot triplex includes 12303 106 Street, 10518 123 Avenue and 10516 123 Avenue, offering six self-contained living spaces. Each unit features an approximately 1,200 sq. ft. two-storey main residence with 3 bedrooms, 2.5 bathrooms and a bright, open-concept layout, plus an approximately 500 sq. ft. fully legal 1-bedroom basement suite with a separate entrance. Two units will also include a single detached garage. Ideally located within walking distance of NAIT and Kingsway Mall, with convenient LRT access and a short commute to downtown. An excellent opportunity for investors seeking a brand-new, purpose-built multi-family property with strong income potential. Construction is underway, with completion projected for May 2027. If purchased early enough, the buyer may be able to select certain finishes. Photos are architectural renderings; completed units are intended to reflect the designs shown, but final details may vary. (id:374)
| MLS # | E4514557 |
|---|---|
| Listing Type | For Sale |
| Style | Triplex |
| Status | Active |
| Year | 1924 |
| Days On Site | 15 |
| Listing Provided By | The Foundry Real Estate Company Ltd | Marco Urso |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,466 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.11 |
| Heating | Forced air |
|---|---|
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Window Coverings, Garage door opener, Garage door opener remote(s) |
| Fireplace Yes / No | No |
| Security Features | Smoke Detectors |
|---|---|
| Lot Features | Corner Site, See remarks, Closet Organizers, No Animal Home, No Smoking Home |
| Parking Features | Detached Garage |
|---|
| Province | AB |
|---|---|
| City | Edmonton |
| Postal Code | T5G2S3 |
| Listing VS Median (in T5G2S3) | |
Price: $1,799,999 low | high Med: $1,799,999 sqft: 3,466 low | high Med: 3,466 $ / sqft: $519 low | high Med: $519 On site: 15 low | high Med: 15 | |
| Province | AB |
|---|---|
| City | Edmonton |
| Postal Code | T5G2S3 |
| Listing VS Median (in T5G2S3) | |
Price: $1,799,999 low | high Med: $1,799,999 sqft: 3,466 low | high Med: 3,466 $ / sqft: $519 low | high Med: $519 On site: 15 low | high Med: 15 | |