The Opportunity
Overview
New 29-unit multifamily project designed for affordable, stable tenancy. About 67% of units rent below $1,100/month—well under Edmonton’s 2024 average of $1,300 for one-bedrooms—offering strong occupancy potential. Prime location within a 5-minute walk to the future LRT station, with schools and shopping nearby. Estimated completion scheduled for the April of 2027—an excellent opportunity to secure a modern, low-maintenance investment property in a growing Edmonton area. Great benefit - Buyer to assume an already approved CMHC MLI Select mortgage loan in order to save about 2.5% ($130,000) CMHC premium fee. Contact for more details. Photos are virtual renderings. Exterior siding might be different (id:61970)
Investment highlights
- 01Multi-family
Property details
- Property type
- Multi-family
- Transaction
- sale
- Site area
- 7382.3771 square feet
- Listing brokerage
- MaxWell Polaris
- Listing representative
- Peter Chen
Financial information
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Location intelligence
Documents
Source Record
Current listing facts, with attribution intact.
- Source
- REALTOR.ca DDF®
- Listing status
- active
- Source ID
- 29200096
- Last supplied
- August 26, 2026
- Listing brokerage
- MaxWell Polaris
- Listing representative
- Peter Chen
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Listing brokerage: MaxWell Polaris · Listing representative: Peter Chen · Updated: Aug 26, 2026
Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.
