9732 75 Av NW - Apartments FOR SALE


Edmonton, AB T6E 1H8- South Central
$589,900 CAD
780-445-4723
9732 75 Av NW, Edmonton, AB for Sale
$589,900 CAD
Apartments - FOR SALE
1/1
null | 7.34% Cap Rate

9732 75 Av NW
Edmonton, AB T6E 1H8
South Central


OVERVIEW

Rare opportunity to own a cash-flowing legal rooming house/income property in Ritchie, one of Edmonton’s most sought-after central communities. Offering 9 bedrooms and 4 bathrooms over 3 levels, the property is set up with a fully self-contained main floor 1-bedroom suite featuring its own full kitchen and bathroom, plus 8 private rental rooms arranged 4 upstairs and 4 downstairs. The main suite provides stable long-term income with a tenant in place since 2009, while the rooms rent for $500–$550/month. Recent updates include a new roof and 3 fully renovated rooms, creating immediate upside with ready-to-lease inventory. With two additional half kitchens, multiple bathrooms, and a flexible income-producing layout, this property is ideal for investors, multigenerational living, or an owner-occupier seeking a mortgage helper. Steps to Whyte Ave, Mill Creek Ravine, transit, schools, and the University area, this location supports strong rental demand and long-term growth. Strong income with upside potential.

FOR SALE DETAILS

PRICE

$589,900 CAD

PRICE/SF

$138 CAD /SF

# OF UNITS

9

PRICE/UNIT

$65,544

CAP RATE

7.34%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Guy HebertBermont RealtyMore Info
780-445-4723

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Guy HebertBermont RealtyMore Info
780-445-4723

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.