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7805 114 St
Location:
7805 - 114 STREET Nw Edmonton, AB T6G 1M8
2025 Appraisal:
$ 2,700,000
Year Built:
2026
Number of Units:
8
Cash On Cash
18.4%
IRR
21.06%
Bought the lot off-market direct from seller. We are constructing 8 legal units on this 534m2 44' x 130' lot. Row townhouse style, each unit is 2 stories with 3 bedrooms 2.5 bathrooms in the main unit and 3 bedrooms 1 bathroom in the basement (one being on the main floor) - making this an incredible cash-flowing asset that appeals to students.
Prime Location: Situated close to major universities, public transit, and local amenities, ensuring consistent demand.
High Demand Market: The student rental sector is stable and growing, with an increasing need for off-campus housing.
Modern Units & Features: 8 new, fully equipped apartments with secure keyless entry, high-speed internet, and fully furnished study areas to meet students’ needs.
Attractive ROI: With competitive rental rates, low vacancy rates, and a reliable tenant base, this property offers strong return potential.
Turnkey Investment: Newly constructed with low maintenance, providing a hassle-free investment with high-quality amenities and design.