Edmonton, AB T5P2L6
Edmonton, AB T5P2L6
Edmonton, AB T5P2L6
Edmonton, AB T5P2L6
Edmonton, AB T5P2L6
Edmonton, AB T5P2L6
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$ 5,990,000
Est. payment | /mo

7,382 Sqft Lot


$ 5,990,000
Est. payment | /mo

7,382 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS® Listing ID 43968143

Year Built 2025

Lot Size 7,382 Sqft

Acres 7382.377

Property Description

New 29-unit multifamily project designed for affordable, stable tenancy. About 67% of units rent below $1,100/month—well under Edmonton's 2024 average of $1,300 for one-bedrooms—offering strong occupancy potential. Prime location within a 5-minute walk to the future LRT station, with schools and shopping nearby. Estimated completion scheduled for the April of 2027—an excellent opportunity to secure a modern, low-maintenance investment property in a growing Edmonton area. Great benefit - Buyer to assume an already approved CMHC MLI Select mortgage loan in order to save about 2.5% ($130,000) CMHC premium fee. Contact for more details. Photos are virtual renderings. Exterior siding might be different (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Others

Virtual Tour https://youtu.be/eqYPUZu0P3g

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Listed by MaxWell Polaris

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Bilal Arshad

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