16 beds/16 baths.Don’t miss this exceptional 4-plex investment opportunity in Edmonton, meticulously crafted by experienced infill builders. Each of the four legal suites includes a spacious 3-bed, 2.5-bath main unit plus a 1-bed, 1-bath legal basement suite—totaling 16 bedrooms & 16 bathrooms across 5,400+ sqft of above-grade living space. Currently under construction with a fall/winter 2025 closing, this property qualifies for the CMHC MLI Select Program & delivers projected monthly rents of $13,600+/- (exc.utilities), capitalizing on Alberta’s booming rental market. Premium upgrades elevate every unit: floor-ceiling cabinets, s/steel appliances, quartz countertops, 9’ ceilings, & oversized windows. The versatile basement suites are perfect for long-term tenants or high-earning Airbnb stays. Located mins from future LRT, schools, West Edmonton Mall, Misericordia Hospital, & downtown, this turnkey asset combines luxury, cash flow, and convenience. Act now—this high-CAP RATE property won't last long!
Data was last updated July 17, 2025 at 11:30 AM (UTC)
Area Statistics
Listings on market:
85
Avg list price:
$569,900
Min list price:
$270,000
Max list price:
$4,295,000
Avg days in system:
28
Min days in system:
1
Max days in system:
342
Avg price per sq.ft.:
$388.82
These statistics are generated based on the current listing's property type
and located in
Zone 22. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on July 17, 2025 at 11:30 AM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.