16 beds/16 baths.Don’t miss this exceptional 4-plex investment opportunity in Edmonton, meticulously crafted by experienced infill builders. Each of the four legal suites includes a spacious 3-bed, 2.5-bath main unit plus a 1-bed, 1-bath legal basement suite—totaling 16 bedrooms & 16 bathrooms across 5,400+ sqft of above-grade living space. Currently under construction with a fall/winter 2025 closing, this property qualifies for the CMHC MLI Select Program & delivers projected monthly rents of $13,600+/- (exc.utilities), capitalizing on Alberta’s booming rental market. Premium upgrades elevate every unit: floor-ceiling cabinets, s/steel appliances, quartz countertops, 9’ ceilings, & oversized windows. The versatile basement suites are perfect for long-term tenants or high-earning Airbnb stays. Located mins from future LRT, schools, West Edmonton Mall, Misericordia Hospital, & downtown, this turnkey asset combines luxury, cash flow, and convenience. Act now—this high-CAP RATE property won't last long! (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
5,418 sq. ft.503 m2
Community:
Glenwood (Edmonton)
Features:
Ceiling - 9ft
Security Features:
Smoke Detectors
Structure Type:
Fourplex
Appliances Included:
Dishwasher, Dryer, Microwave Range Hood Combo, Two stoves, Two Washers
Data was last updated December 6, 2025 at 03:15 AM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$190,250
Min list price:
$78,000
Max list price:
$2,399,999
Avg days on market:
66
Min days on market:
9
Max days on market:
177
Avg price per sq.ft.:
$197.37
These statistics are generated based on the current listing's property type
and located in
Glenwood (Edmonton). Average values are
derived using median calculations. This data is not produced by the MLS® system.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s 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. Used under license.