About MLS® E4446094
Brokerage Name: Initia Real Estate
Agent Name: Dustin Beech
Brand new 4-plex with 8 fully legal units in central Edmonton! Each main unit features 3 bedrooms, 2.5 baths, and 1,395 sq ft, plus a fully self-contained 1 bedroom, 1 bath basement suite (686 sq ft) with separate entrance and in-suite laundry. Modern finishes throughout, separate utility meters, and parking included. Projected gross rent of $163,200/year with 5–6% cap rate potential. Ideally located near NAIT, Royal Alexandra Hospital, downtown, and major transit routes. No rent control, low property taxes, and a strong rental market make this a perfect turnkey investment. Future condo title potential. A rare opportunity for cash-flow-focused buyers in one of Canada’s most landlord-friendly markets.
Key Details
| MLS® # | E4446094 |
|---|---|
| Price | $2,149,000 |
| Bedrooms | 4 |
| Bathrooms | 3.5 |
| Square Footage | 5566.6 |
| Property Type | Residential |
| Subtype | Quadruplex |
| Year Built | 2025 |
| Zoning | Zone 08 |
| Ownership | Private |
| Direction Faces | East |
Location Information
| Address | 11323 106 ST NW |
|---|---|
| Community | Spruce Avenue |
| City | Edmonton |
| Province | AB |
| Postal Code | T5G 2P6 |
Features & Amenities
- Dishwasher-Built-In
- Dryer
- Microwave Hood Fan
- Refrigerator
- Stove-Electric
- Washer
- See Remarks
- Back Lane
- Playground Nearby
- Public Swimming Pool
- Public Transportation
- Schools
- Shopping Nearby
- Forced Air-2
- Natural Gas
- Concrete Perimeter
- Asphalt Shingles
- Ceiling 9 ft.
- Detectors Smoke
- Exterior Walls- 2"x6"
- No Animal Home
- No Smoking Home
- Vinyl Windows
- Parking Pad Cement/Paved
Map Location
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