NEW! Buy and sell safely with virtual options - Learn More
About the Listing E024503 - E023314
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.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Residential
MLS ®
E4468078
Year Built
2025
Total Square Footage
5,567
Lot/Acreage
N/A
County
Edmonton
Area
Spruce Avenue
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full / 1 Half
- Appliances: Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer, See Remarks
- Air Cond:
- Heating: Forced Air-2,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Finished
- Other: ensuite bathroom
- Water:
Exterior Details
- Lot Description: Back Lane,Playground Nearby,Public Swimming Pool,Public Transportation,Schools,Shopping Nearby
- Garage Capacity: N/A
- Parking Spaces: 3
- Roof: Asphalt Shingles
- Others: Back Lane,Playground Nearby,Public Swimming Pool,Public Transportation,Schools,Shopping Nearby,Ceiling 9 ft.,Detectors Smoke,Exterior Walls- 2"x6",No Animal Home,No Smoking Home,Vinyl Windows
- Sewer:
- Parking Features: Parking Pad Cement/Paved
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
11323 106 St NW Edmonton, AB T5G 2P6
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
