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!
Property Type:
Single Family
Dwelling Type:
Quadruplex
Home Style:
2 Storey
Total Floor Area:
5,418.06 sq. ft.503 m2
Price Per SqFt:
$433.73
Total area above grade.:
5,418 sq. ft.503.35 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Separate Entrance:
Yes
Lot Shape:
Rectangular
Grade Level Entry:
No
Levels:
3
Exposure / Faces:
North
Year built:
2025
(Age: 0)
Bedrooms:
10
(Above Grd: 8)
Bathrooms:
11.0
(Full:11/Half:1)
Total Rooms Above Grade:
11
Plan:
2298HW
Building Type:
4PLEX
Construction:
Wood, Vinyl
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Carpet, Vinyl Plank
Heating:
Forced Air-1, In Floor Heat System, Natural Gas
Parking:
Quad or More Detached, Single Garage Detached
Enclosed Parking:
4
Garage:
Yes
Ensuite:
Yes
Ceiling 9 ft., Detectors Smoke, No Smoking Home, Parking-Extra
Data was last updated July 19, 2025 at 03:30 AM (UTC)
Area Statistics
Listings on market:
83
Avg list price:
$569,900
Min list price:
$270,000
Max list price:
$4,295,000
Avg days in system:
29
Min days in system:
1
Max days in system:
343
Avg price per sq.ft.:
$392.65
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 19, 2025 at 03:30 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.