Jasper Avenue, Edmonton, AB T5H 3S9

Courtesy of Cynthia Sun of RE/MAX Real Estate.

$2,400,000
List Price
$2,400,000
MLS® #
45464974
Year Built
1952
Region
Edmonton

Property Description

Rare opportunity to acquire a 13-suite multi-family investment property on Jasper Avenue, ideally located near Downtown Edmonton andthe North Saskatchewan River Valley. The property offers an efficient suite mix of 11 one-bedroom and 2 two-bedroom suites, with selectupper-level units featuring impressive River Valley and Louise McKinney Riverfront Park views. Current rents provide strong in-placeincome with additional value-add potential through suite improvements, modernization and rental optimization. The solid walk-upconfiguration eliminates elevator-related operating and capital costs. Excellent access to Downtown employment, transit, amenities andEdmonton’s River Valley trail system. A compelling opportunity combining stable rental income, future upside and long-term land value ina strategic central location.

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Calculator source: Real Geeks

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