10848 74 Ave
Edmonton, AB T6E 1G9West Edmonton
Listing Agent: Peter Chen
Brokerage: MaxWell Polaris
Description
$2.9m 10 multi-units at the University of Albertas Queen Alexandra community. Located next to the bus stop on 109 Street, this is an ideal investment for university students and downtown professionals seeking easy commuting options. 5-plex building on 10 units, 3-story height: 5 spacious Upper units featuring 3 bedrooms and 2.5 baths; 5 cozy Lower units with 1 bedroom and 1 bath. Units average $290,000 each—an outstanding value in this prime location. Benefit from an Assumable existing CMHC MLI mortgage with an approved loan amount of $2.67 million. This allows savings of approximately 2.5% ($65,000) on the CMHC’s new premium fees, maximizing your return. Estimated possession July - August 2026. Aiming to get students back to university for the fall Semester?.
Property Overview
Interior Details
Exterior Details
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Estimated Monthly Payment
Loan Amount
$2,320,000
Total Interest
$-2,320,000
*This estimate does not include property taxes, insurance, or heating costs.
Quick Tip: A higher down payment reduces your monthly cost and the total interest paid over the life of your mortgage. In Canada, down payments less than 20% usually require mortgage default insurance (CMHC).
Listing Information
Map and amenities data are obtained from OpenStreetMap and not from the REALTORS® Association of Edmonton MLS® System.
Listing information last updated on April 30, 2026 at 7:35 p.m. MST.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Location & Nearby Amenities
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Map and amenities data are obtained from OpenStreetMap and not from the REALTORS® Association of Edmonton MLS® System.