10357/59 149 ST NW, Edmonton | 10357 149 St NW
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10357/59 149 ST NW, Edmonton 10357 149 St NW
4 Unit Apartment Building $777,578 USD ($194,395 USD/Unit) 6.50% Cap Rate Edmonton, AB T5P 1L4
Investment Highlights
- Transportation and access
- Desired community
- New property
Executive Summary
Prime investment opportunity in Edmonton. Side by side duplex with legal basement suites featuring four detached covered parking spaces plus additional two uncovered located in Grovenor. Always leased and never more than two weeks vacancy when tenants are moving in/out of the premises. Each side of the unit is titled which means that each can be bought/sold separately or as an entire building. This property is located within walking distance to the new LRT line. Easy access to downtown and also 10 minutes away from West Edmonton Mall. Inside the unit, you will find an open concept floor plan along with a very modern approach to the carefully chosen finishings highlighted by laminate flooring, a large kitchen with a ceramic backsplash and granite countertops with stainless steel appliances and modern looking white cabinetry. Heading upstairs you'll find a wide stairwell easy for moving furniture that leads to three large bedroom and two full bathrooms. Bathrooms feature ceramic tile while the bedrooms have thick carpet. Master bedroom is facing east while the other two bedrooms are facing west. A truly remarkable, can't miss property!
Financial Summary (Actual - 2023) Click Here to Access |
Annual (USD) | Annual Per SF (USD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 2 | $1,527 USD | 1,500 |
| 1+1 | 2 | $833.12 USD | 700 |
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Walk Score ®
Very Walkable (78)
zoning
| Zoning Code | Small Scale Residential (Allows for a range of small scale Residential development up to 3 Storeys in Height, including detached, attached, and multi-unit housing) |
| Small Scale Residential (Allows for a range of small scale Residential development up to 3 Storeys in Height, including detached, attached, and multi-unit housing) |
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10357/59 149 ST NW, Edmonton | 10357 149 St NW
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