Prime Investment in Garneau! Just minutes from the University of Alberta, this fully rented 2-storey triplex is a top-tier student housing investment. It features 8 bedrooms, 7 bathrooms, 3 kitchens, 3 stacked washer/dryers, and a mechanical room. A rear parking lot for 6 vehicles and a bike lane in front enhance tenant convenience. Currently rented by the bedroom, it could easily be leased by floor with utilities included. With UofA planning a 35% enrollment increase over the next decade, student housing demand is set to grow. Built in 2009, it boasts Hot Water on Demand (2023), Hydronic Heating, and a Heat Recovery Ventilator for energy efficiency. Within walking distance to grocery stores, banks, restaurants, and pharmacies, this low-maintenance rental is a strategic addition to any portfolio. Don’t miss out!
Data was last updated February 23, 2025 at 09:30 AM (UTC)
Area Statistics
Listings on market:
86
Avg list price:
$799,900
Min list price:
$315,000
Max list price:
$3,850,000
Avg days on market:
36
Min days on market:
1
Max days on market:
761
Avg price per sq.ft.:
$498.95
These statistics are generated based on the current listing's property type
and located in
Zone 15. Average values are
derived using median calculations.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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