We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
8269 29 AV NW, Edmonton
2024-08-22
Quick Summary
- Location
- 8269 29 AV NW, Edmonton, Alberta T6K3J9
- Price
- $3,960,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 24983ft2
- Year of Construction:
- 1977
MLS®#E4403094
Property Description
What a great investment opportunity at $165,000 per door! You can own 24 out of 72 units in a townhome complex, each individually titled. There's a mixture of 17 two-story 1044 sq.ft units, and seven 1033 sq.ft bungalow townhomes in this portfolio... all of which are 3 bedrooms! Rents are currently an average of $1,100 and being increased as leases are up for renewal, but you can easily increase to $1,300 on average to reflect market rents (this is shown in the stabilized proforma figures). The current cap rate is 3.46% and again can easily be increased to 5.41% by just going to market rents. The exterior has been completely updated. Also great as a BRRR because the photos reflect the average unit which could use renovations if you want to renovate and refinance, or rent as is. Move in ready and currently professionally managed. Low condo fees, close to schools, parks, transit, and amenities makes us a solid investment for any portfolio. No VTBs or creative financing please. (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 24983 sqft
Land
- Land Size: 49223 sqft
Information entered by RE/MAX Real Estate
Listing information last updated on: 2024-08-22 20:46:16
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for properties under $700,000. For properties over $700,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
Learn more about the One Percent Realty Deal
Christine Tetreault Broker / Owner / REALTOR®
- Phone:
- (780) 268-4888
- Email:
- christine.onepercent@gmail.com
- Support Area:
- Windermere, Glenora, Belgravia, Griesbach, Bonnie Doon, Strathcona, Westmount, Summerside, Crestwood, Laurier Heights, Parkview, Magrath Heights, Highlands, Terwillegar Towne, Sherwood Park, West Edmonton, Spruce Grove, St. Albert, Jasper Place, Balwin, Stony Plain, Edmonton
If you are thinking of SELLING or BUYING, NOW is the time to get a FREE HOME EVALUATION! I ...
Full ProfileSherri Herman Associate
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- Phone:
- 780-918-2333
- Email:
- sherri@sherriherman.com
- Support Area:
- Edmonton, Beaumont, Fort Saskatchewan, Spruce Grove, Stony Plain, Sherwood Park
Hi there, I am Sherri!!I have held my Real Estate license since 2008 so I have been through many dif ...
Full ProfileBhavya Soni Associate
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- Phone:
- 7807070479
- Email:
- Opendreamdoorswithbhavya@gmail.com
- Support Area:
- Edmonton, Beaumont, Fort Saskatchewan, Spruce Grove, Stony Plain, Sherwood Park, St Albert, Millet, Wetaskiwin, Calmar, Devon, Morinville, Westlock County, Red Deer, Rimbey, Athabasca, Leduc, Falun, Ponoka, Lacombe, Camrose, Thorby, Drayton Valley
Bhavya Soni has 6 years of experience in managing properties in the Edmonton Real Estate Market. Bor ...
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