“With only $100,000 down payment, which is 5% of the purchase price, investors can own all 8 legal units with 50 years of amortization and enjoy positive cash flow from day one.“

Introducing an exceptional opportunity to own an energy-efficient luxury 4plex in the esteemed community of MacTaggart. Ravine Pointe at MacTaggart Ridge offers a unique townhome product that stands out in quality and design. Currently under construction, this development promises a sophisticated living experience in one of South West Edmonton’s most sought-after neighborhoods.

Location:
MacTaggart is renowned for its high-end homes and strategic positioning between Rabbit Hill Road and Whitemud Creek Ravine. Designed with pedestrian and cyclist convenience in mind, residents enjoy easy access to shopping and amenities in the community’s north and south areas. Nellie Carlson School serves as the K-9 educational institution, enhancing the appeal of this family-friendly neighborhood.

Property Highlights:

• Each of the main 4 units boasts an impressive 1934 sq ft, complemented by fully finished legal-suited basements adding 609 sq ft per unit.
• Total square footage, including main and basement units, is an impressive 10,172 sq ft.
  Main units feature 3 bedrooms and 2.5 bathrooms, while basement units offer 2 bedrooms, 2 full bathrooms, a kitchen, and a living room.
• Legal basement suites feature side entrances for added convenience and privacy.
  Key features include electric fireplaces, attached single-car garages, parking pads for basement tenants, balconies for each unit, 9 ft ceilings on all levels, and separate furnaces for each unit.
• The units come with all appliances included, feature walls in living rooms and master bedrooms, luxury vinyl plank flooring, quartz countertops, under-mount sinks, ceramic tiles in bathrooms and laundry rooms, LED lighting throughout, plush carpets, vinyl siding exterior, and a separate laundry for upper and basement units.
  

Pricing and Availability:

The asking price for Buildings 1 through 7: $1,999,000 including GST, with a 2.5% deposit required.
Premium ravine backing units (Buildings 8 through 12) offer larger sizes and scenic views, priced at $2.5M.
The condo fee is projected at $400/month per unit, covering various amenities and maintenance services.
Construction commenced in January 2024, with possession scheduled for the summer, depending on the chosen building.

A Unique Investment Opportunity:
Ravine Pointe at MacTaggart Ridge presents a unique investment opportunity for those seeking luxury, energy efficiency, and prime location. With its exquisite design, high-quality finishes, and thoughtful features, this development promises to elevate the standard of living for its residents. Don’t miss your chance to be part of this prestigious community.

For more information schedule an appointment now!