BRAND NEW, TENANTED 7-UNIT INVESTMENT PROPERTY in a PRIME WEST EDMONTON LOCATION! This purpose-built asset offers an exceptional opportunity for investors seeking STRONG CASH FLOW and LOW-MAINTENANCE ownership. The property features 3 THREE-BEDROOM, 2.5-BATHROOM UNITS, 3 LEGAL ONE-BEDROOM, ONE-BATHROOM BASEMENT SUITES, plus a spacious EXECUTIVE THREE-STOREY UNIT with 4 BEDROOMS and 3.5 BATHROOMS. Designed with modern finishes, functional layouts, and tenant appeal in mind, each suite provides comfortable living spaces while maximizing rental potential. Investors can enjoy immediate income without the uncertainty of lease-up or major capital expenditures. Ideally situated in a mature west-end neighbourhood close to schools, parks, shopping, public transit, and major commuter routes, including quick access to Stony Plain Road, Yellowhead Trail, and Anthony Henday Drive. An opportunity to acquire a TURNKEY, INCOME-GENERATING MULTI-FAMILY ASSET in one of Edmonton's most established and accessible communities.
Property Type:
Single Family
Dwelling Type:
Quadruplex
Home Style:
2 Storey
Total Floor Area:
4,654.57 sq. ft.432 m2
Price Per SqFt:
$483.18
Total area above grade.:
4,655 sq. ft.432.42 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Separate Entrance:
Yes
Lot Area:
5,998.08 sq. ft.557 m2
Lot Shape:
Rectangular
Grade Level Entry:
No
Levels:
3
Exposure / Faces:
West
Year built:
1955
(Age: 71)
Bedrooms:
10
(Above Grd: 10)
Bathrooms:
12.0
(Full:8/Half:4)
Total Rooms Above Grade:
13
Plan:
642KS
Building Type:
4PLEX
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
Parking:
Parking Pad Cement/Paved
Garage:
No
Ensuite:
Yes
Carbon Monoxide Detectors, Detectors Smoke, Hot Water Natural Gas, Vinyl Windows
Northwest
Mayfield
Back Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Carbon Monoxide Detectors, Detectors Smoke, Hot Water Natural Gas, Vinyl Windows
Back Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Data was last updated June 10, 2026 at 07:30 PM (UTC)
Area Statistics
Listings on market:
60
Avg list price:
$522,450
Min list price:
$289,000
Max list price:
$2,249,000
Avg days in system:
43
Min days in system:
1
Max days in system:
219
Avg price per sq.ft.:
$394.43
These statistics are generated based on the current listing's property type
and located in
Zone 21. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on June 10, 2026 at 07:30 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.