Attention investors! Introducing Olympia, a brand-new 6-unit triplex development located in Queen Mary Park, just minutes from downtown Edmonton. This purpose-built property offers approximately 5,600 sq. ft. of living space, with six self-contained, separately metered units designed for strong rental demand. The unit mix includes two 3-bedroom units, one unit with dual primary bedroom suites, two legal 2-bedroom suites, and one 1-bedroom unit, appealing to a broad tenant base. Features include quartz countertops, vinyl plank flooring, stainless steel appliances, 9-ft ceilings, landscaping, and a detached triple garage, plus ample on-site and street parking. CMHC MLI Select qualified, requiring as little as 5% down, with projected annual rental income of approximately $138,000. Estimated completion Q3 2026. Prime location within walking distance to Kingsway Mall, Royal Alexandra Hospital, NAIT, LRT, and major amenities. (id:66704)
Property Summary
Property Type
Single Family
Building Type
Triplex
Storeys
2
Square Footage
3,738 sqft
Neighbourhood
Queen Mary Park
Title
Freehold
Land Size
566.77 m²
Built
2026
Property Details
Interior Features
Appliances Included
Dishwasher, Dryer, Garage Door Opener Remote(s), Garage Door Opener, Hood Fan, Oven - Built-in, Refrigerator, Gas Stove(s), Washer, Window Coverings
Basement Features
Suite
Basement Type
Full (finished)
Fireplace
No
Building Features
Features
See Remarks, Closet Organizers, No Animal Home, No Smoking Home, Level