16423 99a Ave NW

Edmonton, AB T5R 1N9

  • $2,199,999

    Price

  • 5

    Bed

  • 3.5

    Bath

  • 5,996

    SqFt

Listing Provided Courtesy of Shikha M Prashanth +1 780-255-2727 - Initia Real Estate 780-705-5393

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About the Listing E024503 - E90012456

This offering provides investors with the ability to control a $2.2 M 8-unit multifamily asset with exceptional leverage and strong rental fundamentals. Configuration: • 4 × 3-Bedroom Townhomes • 3 × LEGAL 2-Bedroom Basement Suites Located in Edmonton, Canada’s highest-performing rental markets. Through CMHC MLI Select, eligible buyers can secure: • Up to 95% loan-to-value • Extended amortizations • Improved cash flow and long-term stability Key Advantages: • Premium tenant demand • Fully legal, turnkey 8-unit structure • High leverage = strong projected ROI • Attractive option for portfolio expansion

Listing Highlights

Status Active
Days on Site 21
Property Type Residential
MLS ® E4466800
Year Built 2025
Total Square Footage 5,996
Lot/Acreage N/A
County Edmonton
Area Jasper Park

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full / 1 Half
  • Appliances: Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two, Dishwasher-Two
  • Air Cond:
  • Heating: Forced Air-1,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,Landscaped,Paved Lane,Playground Nearby,Public Transportation,Recreation Use,Schools,Shopping Nearby
  • Garage Capacity: N/A
  • Roof: Asphalt Shingles
  • Others: Back Lane,Landscaped,Paved Lane,Playground Nearby,Public Transportation,Recreation Use,Schools,Shopping Nearby,On Street Parking,Parking-Extra
  • 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

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16423 99a Ave NW Edmonton, AB T5R 1N9

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Listing Courtesy of Shikha M Prashanth +1 780-255-2727 - Initia Real Estate 780-705-5393

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