CMHC MLI Select eligible investment opportunity in prime Strathcona, facing the river and park in Edmonton! This brand-new 4-plex offers above-grade 3-bedroom, 2.5-bath residences (~1,505 sq ft each) complemented by ~700 sq ft basement—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. (id:2493)
Data was last updated April 10, 2026 at 08:45 PM (UTC)
Area Statistics
Listings on market:
68
Avg list price:
$381,900
Min list price:
$99,900
Max list price:
$3,200,000
Avg days on market:
32
Min days on market:
0
Max days on market:
317
Avg price per sq.ft.:
$367.83
These statistics are generated based on the current listing's property type
and located in
Strathcona. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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