10848 74 Ave Edmonton, Alberta T6E 1G9

6,525 ft2

$2,900,000

$2.9m 10 multi-units at the University of Albertas Queen Alexandra community. Located next to the bus stop on 109 Street, this is an ideal investment for university students and downtown professionals seeking easy commuting options. 5-plex building on 10 units, 3-story height: 5 spacious Upper units featuring 3 bedrooms and 2.5 baths; 5 cozy Lower units with 1 bedroom and 1 bath. Units average $290,000 each—an outstanding value in this prime location. Benefit from an Assumable existing CMHC MLI mortgage with an approved loan amount of $2.6 million. This allows savings of approximately 2.5% ($65,000) on the CMHC’s new premium fees, plus a mortgage broker fee savings of about 1% ($26,000), maximizing your return. Estimated possession July - August 2026. Aiming students back to university for the fall Semester. (id:63566)

Property Details

MLS® Number 43871740
Property Type Multi-family
Neigbourhood Queen Alexandra

Building

Constructed Date 2025
Size Interior 6,525 Ft2

Land

Acreage No
Size Irregular 5314.32
Size Total 5314.32 Sqft|under 1/2 Acre
Size Total Text 5314.32 Sqft|under 1/2 Acre

https://www.realtor.ca/real-estate/29199571/10848-74-ave-edmonton

Contact Us

Contact us for more information

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Peter Chen
Associate

(780) 545-8888
(780) 450-6670
www.facebook.com/Edmontonforeclosurehouse/

Maxwell Polaris
4107 99 St Nw
Edmonton, Alberta T6E 3N4

(780) 450-6300
(780) 450-6670

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