Edmonton 6-Plex Properties for Sale

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5331 CHAPPELLE RD SW, Edmonton

4 photos

$9,900,000

5331 Chappelle Rd Sw, Edmonton, Alberta T6W 4S8

0 beds
0 baths
10 days

MULTIFAMILY ALERT........ 2.91 Acre of Fully Serviced Land for 61 Townhomes. Medium Scale Residential Zone. Very well planed site with ample parking and small park located in middle. Open roadways between two Lanes of townhomes. Located in mature Community of Chappelle. Located close to 41

10315 120 AV NW, Edmonton

55 photos

$900,000

10315 120 Av Nw, Edmonton, Alberta T5G 0S4

0 beds
0 baths
55 days

$155k of upgrades and reno’s in the last 7 years. 6 plex Corner Lot 45.7 x 15.2 SQM 100% occupancy for the last 8 years. Current market rates present potential to increase profit / cap rate by up to 25%.Current rent rates may be attractive for CMHC MLI Select financing. All tenants are

13007 83 ST NW, Edmonton

33 photos

$760,000

13007 83 St Nw, Edmonton, Alberta T5E 2T4

0 beds
0 baths
224 days

A GREAT INVESTMENT OPPORTUNIY FOR THIS 6-PLEX! This well maintained 6 suiter has 3 large one bedroom and 3 large two bedroom. There are 6 forced air furnaces as each unit has their own furnace. Upgrades have been done over the years. Security cameras. New windows and roof re-shingled in 2012.

Triplex for sale: 11711 129 ST NW, Edmonton

6 photos

$1,950,000

11711 129 St Nw, Edmonton, Alberta T5M 0Y8

4 beds
4 baths
Today

Location, Location, Location! Great Investment opportunity to buy a 3plex with 3 basement suites in Inglewood! All units above grade are 3 bed, and 1 bedroom basement suites. Built by Edmonton's premier infill builder, Varsity Homes Ltd. Total of 6 units qualifies for the CMHC MLI Select program.

House for sale: 9308 122 AV NW, Edmonton

12 photos

$239,900

9308 122 Av Nw, Edmonton, Alberta T5G 0T3

3 beds
2 baths
12 days

Developer Alert! Centrally located 42 x 125 RF3 prime corner lot in the heart of Delton! Plenty of INFILL redevelopment happening in this well established community. The possibilities are endless with this lot as far as side by side or front / back duplex, tri-plex / semi-detached developments

House for sale: 6117 CRAWFORD DR SW, Edmonton

11 photos

$939,900

6117 Crawford Dr Sw, Edmonton, Alberta T6W 4L8

6 beds
6 baths
36 days

Christmas Came Early… Triplex?Six Plex? No…these homes have an advantage! 2 STOREY HOME, LEGAL SUITE PLUS GARAGE SUITE!!! 3 in 1 with Over 4,005 SF of Living Space Home Buyers - Mortgage Helper - Live in 1 Rent out the other 2 units OR Investors Buy 2 = 6 Units Qualifies for CMHC

House for sale: 6115 CRAWFORD DR SW, Edmonton

11 photos

$939,900

6115 Crawford Dr Sw, Edmonton, Alberta T6W 4L8

6 beds
6 baths
47 days

Christmas Came Early… Triplex? Six Plex? No…these homes have an advantage! 2 STOREY HOME, LEGAL SUITE PLUS a GARAGE SUITE!!! 3 in 1 with Over 3,920 SF of Living Space Home Buyers - Mortgage Helper - Live in 1 Rent out the other 2 units OR Investors Buy 2 = 6 Units Qualifies for

Exploring the Edmonton 6 Plex: A Real Estate Gem

In the vibrant city of Edmonton, the real estate market is bustling with opportunities for investors and homebuyers alike. Among the various property types available, the Edmonton 6 Plex stands out as a unique and lucrative option. This article delves into the features, benefits, and considerations of investing in a 6 Plex in Edmonton, providing valuable insights for potential buyers.

Understanding the 6 Plex Concept

A 6 Plex is a multi-family residential building that consists of six separate units. These units can be rented out individually, making it an attractive option for investors looking to generate rental income. The Edmonton 6 Plex offers a balance between affordability and profitability, making it a popular choice in the city's real estate market.

Benefits of Investing in a 6 Plex

Investing in a 6 Plex in Edmonton comes with several advantages. Firstly, it provides a steady stream of rental income, which can be a reliable source of cash flow. Additionally, owning multiple units in a single property reduces the risk of vacancy, as the likelihood of all units being vacant simultaneously is low. This makes it a more stable investment compared to single-family homes.

Moreover, the Edmonton 6 Plex allows for economies of scale in property management and maintenance. With all units located in one building, managing the property becomes more efficient and cost-effective. This is particularly beneficial for investors who own multiple properties across different locations, such as those interested in listings in Lac Sainte Marie or Thorhild.

Location and Accessibility

Location is a critical factor when considering a 6 Plex investment. Edmonton offers diverse neighborhoods, each with its unique charm and amenities. For instance, the Glenora area is known for its historic homes and proximity to downtown, making it an attractive location for tenants seeking convenience and a vibrant community.

Similarly, areas like Baturyn and Millet offer a suburban feel with easy access to urban amenities. These locations are ideal for families and professionals looking for a balance between city life and a peaceful residential environment.

Design and Layout Considerations

The design and layout of a 6 Plex can significantly impact its appeal to potential tenants. Modern 6 Plex buildings often feature open-concept living spaces, ample natural light, and high-quality finishes. These elements enhance the living experience and can justify higher rental rates.

Investors should also consider the unit mix within the 6 Plex. Offering a variety of unit sizes, such as 2-bedroom units, can attract a broader range of tenants, from young professionals to small families. This diversity in unit offerings can increase occupancy rates and reduce turnover.

Financial Considerations

When investing in a 6 Plex, it's essential to conduct a thorough financial analysis. This includes evaluating the potential rental income, operating expenses, and financing options. Investors should also consider the long-term appreciation potential of the property, especially in a growing market like Edmonton.

Comparing the 6 Plex with other property types, such as a 4 Plex or single-family homes in areas like Marlboro and Darwell, can provide insights into the best investment strategy. Each property type has its pros and cons, and the choice ultimately depends on the investor's goals and risk tolerance.

Market Trends and Future Outlook

The Edmonton real estate market is dynamic, with trends that can influence the performance of a 6 Plex investment. Currently, there is a growing demand for rental properties, driven by factors such as population growth and an increasing preference for renting over buying. This trend is expected to continue, making the Edmonton 6 Plex a promising investment opportunity.

Investors should stay informed about market developments and consider potential changes in zoning laws or urban planning initiatives that could impact property values. For example, areas undergoing revitalization or infrastructure improvements, like Killam, may offer significant appreciation potential.