12411 81 Street NW
Edmonton, AB T5B 2T6Northeast Edmonton
Listing Agent: Jordan C Seitz
Brokerage: Real Broker
Description
READY JUNE 2026. Brand New TRIPLEX with 3 LEGAL SUITES (6 RENTAL UNITS). Potential cap rate of 5.23%. Great addition to any portfolio with ability to cash flow immediately. Qualifies for CMHC MLI SELECT. Quick access to NAIT, Kingsway Mall & LRT (train) to Grant MacEwan, U of A, Downtown & ICE District. Three 2-Storey Suites with 3 bed/2.5 bath & Three 1 bed/bath BSMT SUITES. 3-bed plan with built in bench at entry & 5x5 storage room. Kitchen with pantry, quartz, vinyl plank & SS appliances. Tenants will enjoy 3 large bedrooms, 4pc bath, 4pc ensuite & upper laundry. RAISED FOUNDATION BASEMENT SUITES with large SOUTH facing windows. Effective Gross Income: $110,390. Operating Expenses: $26,692. Net Operating Income: $83,698. Be part of Edmonton’s downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Interior photos not actual property (same plan). Price includes $76,185.71 in GST; apply for 100% GST rebate with Purpose-built Rental Housing Rebate. See GST/HST memora
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Estimated Monthly Payment
Loan Amount
$1,279,920
Total Interest
$-1,279,920
*This estimate does not include property taxes, insurance, or heating costs.
Quick Tip: A higher down payment reduces your monthly cost and the total interest paid over the life of your mortgage. In Canada, down payments less than 20% usually require mortgage default insurance (CMHC).
Listing Information
Map and amenities data are obtained from OpenStreetMap and not from the REALTORS® Association of Edmonton MLS® System.
Listing information last updated on May 4, 2026 at 7:42 a.m. MST.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Location & Nearby Amenities
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Map and amenities data are obtained from OpenStreetMap and not from the REALTORS® Association of Edmonton MLS® System.