CMHC MLI Select eligible investment opportunity in prime Strathcona, facing the river and park in Edmonton! This brand-new 4-plex offers 8 fully legal units, including 4+4 spacious above-grade 3-bedroom, 2.5-bath residences (~1,505 sq ft each) complemented by ~800 sq ft basement suites—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.
Property Type:
Single Family
Dwelling Type:
Quadruplex
Home Style:
3 Storey
Total Floor Area:
6,020.09 sq. ft.559 m2
Price Per SqFt:
$431.89
Total area above main level.:
794 sq. ft.73.8 m2
Total area main level.:
710.64 sq. ft.66 m2
Total area above grade.:
6,020 sq. ft.559.28 m2
Finished Area Above Grade:
1,505.02 sq. ft.140 m2
Finished Area Below Grade:
794.38 sq. ft.73.8 m2
Secondary Suite:
No
Separate Entrance:
No
Lot Area:
5,810.79 sq. ft.540 m2
Lot Shape:
Rectangular
Grade Level Entry:
No
Levels:
3
Exposure / Faces:
North
Year built:
2026
(Age: 0)
Bedrooms:
3
(Above Grd: 3)
Bathrooms:
3.0
(Full:2/Half:1)
Total Rooms Above Grade:
6
Plan:
7995R
Building Type:
4PLEX
New Home on Old Lot:
Yes
Construction:
Wood, Vinyl
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Vinyl Plank
Heating:
Forced Air-1, Natural Gas
Fireplace:
No
Parking:
See Remarks
Garage:
No
Ensuite:
Yes
Garage Suite:
No
Garden Suite:
No
Warranty:
Yes
Ceiling 9 ft., Vacuum System-Roughed-In
Northwest
Strathcona
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
Back Lane, Backs Onto Park/Trees, Playground Nearby, Public Transportation, Ravine View, River Valley View, River View, Shopping Nearby, View Downtown
Courtesy of Bikram Jit Singh of Nationwide Realty Corp and . Dilpreet Singh of Exp Realty
Data was last updated February 14, 2026 at 01:30 PM (UTC)
Area Statistics
Listings on market:
84
Avg list price:
$732,000
Min list price:
$305,000
Max list price:
$4,490,000
Avg days in system:
29
Min days in system:
1
Max days in system:
407
Avg price per sq.ft.:
$459.99
These statistics are generated based on the current listing's property type
and located in
Zone 15. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on February 14, 2026 at 01:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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 CREA and identify the quality of services provided by real estate professionals who are members of CREA.