Edmonton 6-Plex Properties for Sale

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5331 CHAPPELLE RD SW, Edmonton

4 photos

$8,900,000

5331 Chappelle Rd Sw, Edmonton, Alberta T6W 4S8

0 beds
0 baths
77 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

52 photos

$900,000

10315 120 Av Nw, Edmonton, Alberta T5G 0S4

0 beds
0 baths
51 days

Over $180K in upgrades and renovations over the past 9 years. 6-Plex on a corner lot (45.7 x 15.2 SQM) with 100% occupancy throughout. Current market rates present an opportunity to increase profit/cap rate by over 30%. Current rents may qualify for CMHC MLI Select financing, though the seller

6551/6553 111 ST NW, Edmonton

44 photos

$799,999

6551/6553 111 St Nw, Edmonton, Alberta T6H 4R5

0 beds
0 baths
52 days

One of the most noted buildings is Parkallen. This former 4 plex has received many upgrades since 2018. It is zoned CNC and has a mix of 2 x 2 bedroom suites up stairs and the main floor has been converted from 2 suites to the operation of a 1800sq' Tattoo and Tattoo removal business on

13007 83 ST NW, Edmonton

33 photos

$760,000

13007 83 St Nw, Edmonton, Alberta T5E 2T4

0 beds
0 baths
291 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.

Duplex for sale: 8123- 8125 83 AV NW, Edmonton

75 photos

$949,900

8123- 8125 83 Av Nw, Edmonton, Alberta T6C 1A7

10 beds
6 baths
25 days

This fully renovated legal 4-plex in Idylwylde generates $6,300/month, making it a turnkey investment. Three of the units offer 3 bedrooms, while one basement unit features 2 bedrooms. The upper suites include 1.5 baths, and the basement suites have 1 full bath. Over $230,000 has been invested

House for sale: 316 56415 RR112, Rural St. Paul County

32 photos

$249,900

316 56415 Rr112, Rural St. Paul County, Alberta T0A 3A3

2 beds
1 baths
11 days

Lac Sante - Enjoy this 4-season, year-round residence is on .5 acre lot only 1.5 hrs. NE of Edmonton. Located on the north-west end of Lac Sante sits this gem that brings all the comforts of home, privacy and solitude while you enjoy life at the lake. Features 883 sqft., 2 bedrooms, 4pc bath,

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.