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:
$419.89
Total area above grade.:
5,418 sq. ft.503.35 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Separate Entrance:
Yes
Lot Area:
7,392.98 sq. ft.687 m2
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
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 June 6, 2025 at 03:30 PM (UTC)
Area Statistics
Listings on market:
72
Avg list price:
$590,000
Min list price:
$270,000
Max list price:
$4,295,000
Avg days on market:
24
Min days on market:
1
Max days on market:
301
Avg price per sq.ft.:
$401.95
These statistics are generated based on the current listing's property type
and located in
Zone 22. Average values are
derived using median calculations.
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.