9416 156 ST NW

Multi-family 4plex in Meadowlark Edmonton. Facing future park and next to future LRT train station. The 4plex total 7 units: Upstairs: 4 units(3 beds) & Basement 3 units(2 beds). Upstairs each unit is around 1285 - 1293 sf. Basement each unit is around 639 sqft. The project layouts are designed for Between "Downtown & West Mall public transport commuters". The property is projected to generate approximately $152,400 in annual gross rent and cap rate of 4.5%. Support CMHC MLI Select program. Fully finished and equipped with all appliances and landscaping. Walk to the train (LRT) station between West Mall and the Downtown route. The project is estimated to be completed in the Summer 2025. Currently, it is at the foundation stage.