House for Sale in Edmonton
11323 106 St, Edmonton, AB
- 3+1 BEDS
- 3+1 BATHS
- 5,566.60 sq.ft. Home
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- House for Sale in Edmonton
Key Facts
- MLS® #: E4446094
- Property ID: SIRC2510563
- Property Type: Residential, Single Family Detached
- Living Space: 5,566.60 sq.ft.
- Year Built: 2025
- Bedrooms: 3+1
- Bathrooms: 3+1
- Parking Spaces: 3
- Listed By:
- Initia Real Estate
Property Description
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.
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Location
11323 106 St, Edmonton, Alberta, T5G 2P6 Canada
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