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Courtesy of David G Parker of Northfield Commercial

5607 118 Avenue
Zone 09 Edmonton T5W 1E1

$1,350,000
Multi-Family Commercial

Main Photo: 5607 118 Avenue in Edmonton: Zone 09 Multi-Family Commercial for sale : MLS®# E4266065
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4266065
Build. Type:
Walk Up
Mount Royal A is a twelve suite apartment building located at 5607 - 118 Avenue Edmonton, Alberta, in the neighbourhood of Highlands. It is a two and a half storey walk-up, wood-frame construction building without balconies. It was built in 1954. Parking is surfaced and gravel. The suite mix is 6 once-bedroom suites and 6 two-bedroom suites. Each of the 12 units is seperately condo titled. New Roof (2018). Property must be sold with Mount Royal B located at 5615 - 118 Ave.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Walk Up
# Units:
12
Tot Pkg Spaces:
12
# Storeys:
2.5
Year built:
1954 (Age: 67)
Total Floor Area:
17,200 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
RA7
Plan:
0821285
Title to Land:
Fee Simple
LINC Number:
0033047630
Num. of Parcels:
1
Cap Rate %:
4.92
Gross Operating Income:
$123,498
Other Income:
$0
Effective Gross Income:
$123,498
Net Operating Income:
$66,496
Total Oper. Expenses:
$57,002
Tot Expenses:
$57,002
Entry date:
Oct 10, 2021
  • Photo 1: 5607 118 Avenue in Edmonton: Zone 09 Multi-Family Commercial for sale : MLS®# E4266065
    Photo 1 of 1
Data was last updated October 24, 2021 at 04:30 AM (UTC)
GREG STEELE
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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