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.
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.
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