Multi-Family Commercial for Sale

Courtesy of Val Toffoli of MaxWell Polaris

Property For Sale In Central Mcdougall, Edmonton

 Multi-Family Commercial for Sale, MLS® # E4181115
  • MLS®#: E4181115
  • Price: $3,690,000
  • Status: Active
  • Year Built: 1965
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Login or Create an Account to Access Financial Information Legal Description Lot Zoning

The Metropolitan is a 33 Unit Condo Complex with 32 Transferable Titles. The 1 Bachelor Unit is compliant however owned by the Condo Corp. Huge 22,387 sq.ft. RA7 lot (150' x 149.2.6'). 2.5 Storey Rare Concrete Construction. Substantial upgrades from 2009 to present including New Compliant Railings (staircases & generous size Balconies); Newer Balcony Doors; Newer Windows; Vinyl Siding, Most Appliances; Flooring; Paint;, etc. Units are upgraded as Tenants vacate. Located in Central McDougall across from Victoria School; walking distance to the RA Hospital, NAIT, Kingsway Mall, Grant McEwan University, Rogers Place (Ice District with all its WOW amenities) & Downtown. 35 energized parking stalls. Steps from Bus connecting to U of A & all areas. 6.09% cap rate. High Ratio $2,913 Mil Assumable Mtg (with qualification) CMHC Financing @ 1.62% Interest Rate, 5 yr Term, 30 yr amo, Proforma available.

Contact Arvinder Clair About MLS® E4181115

Required Field

Arvinder Clair, 780-964-1728 at Maxwell Realty Polaris, 4107 99 St, Edmonton, Alberta, T6E 3N4

property information

  • Property Type: Multi-Family Commercial
  • MLS®#: E4181115
  • Year Built: 1965
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Community Information

  • Neighbourhood: Central Mcdougall
  • City: Edmonton
  • Postal Code: T5H 1A7
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$3,690,000

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