Penthouse
5 Bedrooms
3.5 Bathrooms
Size: 5,110 sqft
Mnt Fee:
$2,300,000
About this Penthouse in Ottewell
A rare investment opportunity of 4-plex featuring 4 legal basement suites, providing 8 self-contained residential units on a sought-after corner lot in Ottewell. Each main residence features 3 bedrooms, 2 full bathrooms and a main-floor powder room.Each secondary suite offers 2 bedrooms, 1 bathroom. Designed with modern finishes, stainless steel appliances, quartz countertops, cabinetry and durable vinyl flooring. Contemporary exterior features stucco, luxury stone and sid…ing. Fully landscaped with all appliances, blinds included and separately metered utilities. The project is eligible for CMHC MLI Select financing, offering an attractive opportunity for investors seeking favourable multi-family financing options. Projected gross annual income of approximately $165,000–$180,000. Conveniently located near schools, parks, playgrounds, transit, shopping, major roadways and Edmonton’s River Valley. An exceptional turnkey investment opportunity in an established community.
Courtesy of of Nationwide Realty Corp.
A rare investment opportunity of 4-plex featuring 4 legal basement suites, providing 8 self-contained residential units on a sought-after corner lot in Ottewell. Each main residence features 3 bedrooms, 2 full bathrooms and a main-floor powder room.Each secondary suite offers 2 bedrooms, 1 bathroom. Designed with modern finishes, stainless steel appliances, quartz countertops, cabinetry and durable vinyl flooring. Contemporary exterior features stucco, luxury stone and siding. Fully landscaped with all appliances, blinds included and separately metered utilities. The project is eligible for CMHC MLI Select financing, offering an attractive opportunity for investors seeking favourable multi-family financing options. Projected gross annual income of approximately $165,000–$180,000. Conveniently located near schools, parks, playgrounds, transit, shopping, major roadways and Edmonton’s River Valley. An exceptional turnkey investment opportunity in an established community.
Courtesy of of Nationwide Realty Corp.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the REALTORS® Association of Edmonton which assumes no responsibility for its accuracy.
More Details
- MLS®: E4507556
- Bedrooms: 5
- Bathrooms: 3.5
- Type: Penthouse
- Size: 5,110 sqft
- Lot Size: 706 sqft
- Full Baths: 3
- Half Baths: 1
- Basement: Full, Finished
- Storeys: 3 storeys
- Year Built: 2026
- Style: 2 Storey
More about Ottewell, Edmonton
Latitude: 53.5366927
Longitude: -113.4328503