11323 106 ST NW Active Save Request In-Person Tour Request Virtual Tour
Edmonton,AB T5G2P6
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 5,567 sqft
Price per Sqft $395
Subdivision Spruce Avenue
MLS Listing ID E4446094
Bedrooms 4
Half Baths 1
Year Built 2025
Lot Size 6,520 Sqft
Property Sub-Type Freehold
Property Description
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. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features No
Community Features Public Swimming Pool
View Y/N No
Building
Story 2