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Courtesy of Initia Real Estate.
Data was last updated 2025-06-25 at 20:18:11 GMT
$2,099,000

11323 106 ST   Edmonton, Alberta

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MLS®: E4468078
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Brand new 4-plex with 8 fully legal units in central Edmonton! Each main unit features 3 bedrooms, 2.5 baths, and 1,395 sq ft, plus a fully self-contained 1 bedroom, 1 bath basement suite (686 sq ft) with separate entrance and in-suite laundry. Modern finishes throughout, separate utility meters, and parking included. Projected gross rent of $163,200/year with 5?6% cap rate potential. Ideally located near NAIT, Royal Alexandra Hospital, downtown, and major transit routes. No rent control, low property taxes, and a strong rental market make this a perfect turnkey investment. Future condo title potential. A rare opportunity for cash-flow-focused buyers in one of Canada?s most landlord-friendly markets.
Brand new 4-plex with 8 fully legal units in central Edmonton! Each main unit features 3 bedrooms, 2.5 baths, and 1,395 sq ft, plus a fully self-contained 1 bedroom, 1 bath basement suite (686 sq ft) with separate entrance and in-suite laundry. Modern finishes throughout, separate utility meters, and parking included. Projected gross rent of $163,200/year with 5?6% cap rate potential. Ideally located near NAIT, Royal Alexandra Hospital, downtown, and major transit routes. No rent control, low property taxes, and a strong rental market make this a perfect turnkey investment. Future condo title potential. A rare opportunity for cash-flow-focused buyers in one of Canada?s most landlord-friendly markets.

Listing Information

Prop. Type:
Quadruplex
Property Style:
2 Storey
Status:
Active
City:
Edmonton
MLS® Number:
E4468078
Bedrooms:
4
Neighbourhood:
Spruce Avenue
Area:
Edmonton
Province:
Alberta
Listing Price:
$2,099,000

General Information

Year Built:
2025
Total Square Feet:
5567ft2

Additional Information

Basement Dev:
Full, Finished
Parking:
Parking Pad Cement/Paved

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This property is listed by Initia Real Estate and provided here courtesy of Ayaaz Kassam. For more information or to schedule a viewing please contact Ayaaz Kassam.
Ayaaz Kassam
Sterling Real Estate
Phone: 780-474-1035
Mobile Phone: 780-231-9000
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
Copyright 2025 by the REALTORS® Association of Edmonton. All rights reserved.
This site's content is the responsibility of Ayaaz Kassam, licensed REALTOR® in the Province of Alberta.
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The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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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.

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