10818 83 AvenueEdmonton, AB, T6E 2E7

Property Description for 10818 83 Avenue

ATTENTION INVESTORS! This fully rented Garneau 2 storey triplex, zoned RA7 is a 19min walk to the University of Alberta and is rented as student housing with 8 bedrooms, 7 bathrooms, 3 kitchens, 3 stacked washer/dryer and one mechanical room. Rear parking area for 6 vehicles and new bike lane in the front make this the perfect accommodation for students. Rented by the bedroom but could easily be rented by floor with utilities incl. Strategic investment for your real estate portfolio. Student housing is expected to perform well in the Edmonton market with UofA planning to increase it's student population by 35% over the next 7-10 yrs. Built in 2009 with Hot Water on Demand (2023), Hydronic Heating and Heat Recovery Ventilator helps to keep utility costs in check. Within walking distance to banking, grocery, pharmacy & restaurants. A great investment!