COMPLETING SUMMER 2026 – A rare opportunity in King Edward Park to acquire a newly built, income-generating 7-unit 4plex designed for long-term performance and strong returns. Spanning over 4,900 sq ft, this high-quality build offers 16 bedrooms & 12 bathrooms, with premium finishes throughout—luxury vinyl plank, quartz counters, stainless steel appliances, 9 ft ceilings, and upgraded fixtures. Each upper unit includes 3 beds, 2 baths & in-suite laundry, while basement suites are fully self-contained 1 bed, 1 bath legal units with separate entries, full kitchens, and laundry. Estimated rents over $11,500/month with a projected cap rate of approx. 5.5%, making this asset ideal for CMHC MLI SELECT. A turnkey multi-family investment built to outperform.
Data was last updated June 9, 2025 at 11:30 AM (UTC)
Area Statistics
Listings on market:
57
Avg list price:
$550,000
Min list price:
$295,000
Max list price:
$2,099,000
Avg days on market:
19
Min days on market:
1
Max days on market:
362
Avg price per sq.ft.:
$413.46
These statistics are generated based on the current listing's property type
and located in
Zone 17. Average values are
derived using median calculations.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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