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About the Listing E90013624 - E90013482,E90012261
CMHC MLI Select eligible investment opportunity in prime Strathcona, facing the river and park in Edmonton! This brand-new 4-plex offers above-grade 3-bedroom, 2.5-bath residences (~1,505 sq ft each) complemented by ~700 sq ft basement—ideal for long-term tenants or high-performing short-term rentals—each with a separate entrance & in-suite laundry. This multifamily complex will deliver 20 beds and 16 baths, crafted by an experienced infill builder recognized for exceptional quality and modern design. To be completed by August 2026, the property is projected to generate approximately $16,000 per month exc utilities, with an estimated annual net income of $61,000 (including principal), offering both strong cash flow and long-term appreciation potential. Premium finishes include floor-to-ceiling cabinetry, quartz countertops, oversized windows and refined contemporary detailing throughout, all just steps from river valley trails, parks, schools, shopping.
Listing Highlights
Status
Active
Days on Site
33
Property Type
Residential
MLS ®
E4473353
Year Built
2026
Total Square Footage
6,020
Lot/Acreage
N/A
County
Edmonton
Area
Strathcona
Elementary School
King Edwards Elementary
Middle School
Old Scona Academic
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full / 1 Half
- Appliances: Appliances Negotiable
- 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,Backs Onto Park/Trees,Playground Nearby,Public Transportation,Ravine View,River Valley View,River View,Shopping Nearby,View Downtown
- Garage Capacity: N/A
- Roof: Asphalt Shingles
- Others: Back Lane,Backs Onto Park/Trees,Playground Nearby,Public Transportation,Ravine View,River Valley View,River View,Shopping Nearby,View Downtown,Ceiling 9 ft.,Vacuum System-Roughed-In
- Sewer:
- Parking Features: See Remarks
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
10021 89 Ave NW Edmonton, AB T6E 2S7
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