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Real estate on your terms®


Property Description

Purpose-built, turnkey investment in one of Edmonton's strongest rental corridors. Brand-new 4-plex with 4 legal basement suites in desirable Queen Alexandra, just minutes from the University of Alberta, built by the award winning Bloc 53 Developments. Offering 8 self-contained suites, 16 bedrooms, 14 bathrooms, and 4 single garages, this premium multi-family asset is separately metered for all utilities and is an ideal candidate for the CMHC MLI Select Program, with projected gross annual income of $166,000–$180,000. All suites include stainless steel appliances, modern finishes and the property comes fully landscaped. Seller will provide a recent appraisal and Phase I environmental report (approximately $7,000 in value), saving buyers time and due diligence costs. An outstanding turnkey investment in a high-demand rental location with exceptional cash flow and a strong tenant profile. Rare opportunity in one of Edmonton's most sought-after rental markets. (id:53430)

Building

Property Type:
Fourplex
Building Type:
Fourplex
Year Built:
2026
Stories:
2.0
Bedrooms:
4
Bathrooms (total):
4.5 (1 half)
Basement:
Finished, Full, Suite

Finished Areas

Interior Size (Total):
4914 square feet

Interior

Appliances:
Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, See remarks

Parking

Features:
Detached Garage

Lot / Land

Lot Size:
723.67 square meters
Lot Features:
Closet Organizers

Utilities & Mechanical

Heating:
Forced air

Comfort & Security

Fireplace(s):
1 Electric, Unknown

Fees & Dates

Last Modified:
07/16/2026 07:40:06 PM
Status Change:
07/16/2026 07:31:43 PM

Association / Ownership

Common Interest:
Freehold

Room Dimensions

RoomLevelSize
Living room Main level -
Dining room Main level -
Kitchen Main level -
Primary Bedroom Upper Level -
Bedroom 2 Upper Level -
Bedroom 3 Upper Level -
Bedroom 4 Basement -

Location

Click and drag to explore the area
Listing offered by: Royal Lepage Arteam Realty

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