47 days ago · Active

$1,499,900

1, 2, 3 - 12411 81 St NW, Edmonton

4 bd3+1 ba3,602 ft²$416/ft²

MLS® E4490039 · Courtesy of Real Broker · View on REALTOR.ca

A two-storey triplex in Elmwood Park, built 2025 with 4 bedrooms and 3+1 baths across 3,602 ft² — $416 per square foot. Listed 47 days ago.

From the listing

About this home

Builder includes one year of paid property management (conditions apply) and pressure-treated fence along north & south property lines (value add of $30,000). Price includes $71,423.81; get 100% of the GST back through the New Residential Rental Property Rebate Program (see GST/HST Memorandum 19-3-9). Brand New TRIPLEX with 3 LEGAL SUITES (6 RENTAL UNITS). Potential cap rate of 5.37%. Turnkey investment with immediate cash flow potential. Qualifies for CMHC MLI SELECT. Quick access to NAIT, Kingsway Mall & LRT to MacEwan, U of A, Downtown & ICE District. Three 2-storey 3 bed/2.5 bath suites plus three 1 bed/1 bath basement suites. Quartz, vinyl plank, pantry, SS appliances, upper laundry, built-in bench & 5x5 storage room. Raised foundation basement suites with large south-facing windows. EGI $110,016. Operating Expenses $29,504. NOI $80,512. Strong long-term appreciation potential. Interior photos are of the same floor plan, not this property. (id:66605)

The details

Fact sheet

Property

Type
Triplex
Storeys
2
Built
2025
Ownership
Freehold

Inside

Living area
3,602 ft²
Bedrooms
4
Bathrooms
3 full · 1 half
Basement
Finished, Full, Suite
Included
Washer, Gas stove(s), Dishwasher, Stove, Dryer, Washer/Dryer Stack-Up, Two Refrigerators

Parking & fees

Parking
Parking Pad
Postal code
T5B 2T6

Room by room

Measurements

RoomLevelSize
Living roomMain level
Dining roomMain level
KitchenMain level
Primary BedroomUpper Level
Bedroom 2Upper Level
Bedroom 3Upper Level
Bedroom 4Basement
Second KitchenBasement

Converted from the metric MLS® feed; sizes are approximate.

Powered byREALTOR.ca

Christopher Peel · REALTOR®

MaxWell® Polaris

This website is operated by Christopher Peel, REALTOR®, of MaxWell Polaris, Edmonton, Alberta — the brokerage responsible for this website.

The listing data above is provided under copyright by the Canadian Real Estate Association (CREA). The listing data is deemed reliable but is not guaranteed accurate by CREA nor BestYEGHomes. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

Listing information last updated on July 9, 2026 at 8:50 a.m. MT.