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. (id:61582)
| MLS® Number | E4473353 |
| Property Type | Single Family |
| Neigbourhood | Strathcona |
| Amenities Near By | Park, Playground, Public Transit, Shopping |
| Features | Ravine, Lane |
| View Type | Ravine View, Valley View, City View |
| Bathroom Total | 3 |
| Bedrooms Total | 3 |
| Amenities | Ceiling - 9ft |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 2026 |
| Construction Style Attachment | Attached |
| Half Bath Total | 1 |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 6,020 Ft2 |
| Type | Fourplex |
| See Remarks |
| Acreage | No |
| Land Amenities | Park, Playground, Public Transit, Shopping |
| Size Irregular | 539.84 |
| Size Total | 539.84 M2 |
| Size Total Text | 539.84 M2 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 17'8 x 10'11 | ||
| Main Level | Dining Room | 10'5 x 12'4 | ||
| Main Level | Kitchen | 8'9 x 16'7 | ||
| Upper Level | Primary Bedroom | 12' x 16'7 | ||
| Upper Level | Bedroom 2 | 10'11 x 8'6 | ||
| Upper Level | Bedroom 3 | 10'11 x 9'4 |
Contact us for more information
(403) 493-7993
(877) 285-2001
(403) 262-7653
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
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