12224 88 ST NW NW new Save Request In-Person Tour Request Virtual Tour
Edmonton,AB T5B 3S8
Key Details
Property Type Single Family Home
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,544 sqft
Price per Sqft $379
MLS Listing ID E4432962
Bedrooms 10
Full Baths 8
Year Built 2013
Property Sub-Type Duplex
Property Description
Investor Alert! Incredible opportunity in Delton—a well-established neighborhood in north-central Edmonton. This exceptional side-by-side duplex features 2 fully legal units and 2 nearly legal basement suites (99% complete), offering a total of 12 bedrooms and 8 bathrooms (Two 4 bedroom/3 bath units and two 2 bedroom/1 bath units). Boasting 9' ceilings and a detached double garage, this property is ideal for savvy investors seeking strong rental income. Located minutes from NAIT, Grant MacEwan University, and downtown, it's a prime location for students and professionals. With spacious layouts, modern finishes, and high demand, this cash-flowing property won't last long! Current proforma: Total Income: $85,500 Expenses: $ $28,779.25 Net Income: $56,720 Cap: 4.2 Potential proforma as of August 2025: Total Income: $103,200 Total Expenses: $35,000 Net Income: $68,200 Cap: 5.0
Location
Province AB
Zoning Zone 05
Rooms
Basement Full,Finished
Separate Den/Office true
Interior
Interior Features ensuite bathroom
Heating Forced Air-1,Natural Gas
Flooring Carpet,Hardwood
Appliance Dishwasher-Built-In,Dryer,Garage Control,Garage Opener,Hood Fan,Refrigerator,Stove-Electric,Washer,Window Coverings,Curtains and Blinds
Exterior
Exterior Feature Back Lane,Fenced,Landscaped
Community Features On Street Parking,Closet Organizers,Deck,Detectors Smoke,9 ft. Basement Ceiling
Roof Type Asphalt Shingles
Garage true
Building
Story 3
Foundation Concrete Perimeter
Architectural Style 2 Storey
Others
Tax ID 0036718591
Ownership Private