The Opportunity

Overview

Corner Lot. over 10,000 sqft. Two buildings combine a total of 12 units: 6 Upper units + 6 Basement units + 3 single garages + 3 parking pads. Building #1 is a 4-plex. The building #1 Upper unit(4) each unit has a total of 4 beds & 3.5 baths. Building #1 Basement unit(4) each unit has a 1 bed & 1 full bath. Building #2 is a side-by-side Duplex. Building #2 Upper unit(2) has a total 3 beds & 2.5 baths. Building #2 Basement unit(2) each unit has a 1 bed & 1 full bath. The project is next to the K–12 Christian school and Learning Center. 1 block away to the Park and playground. Great convenient location to public transit and shopping. Currently Development permit stage and estimated completion in March 2027. Photos are 3D renderings for illustration purposes only. The project qualifies for the CMHC MLI Select program with a minimum 10% down payment. (id:61970)

Investment highlights

01Multi-family

Property details

Property type: Multi-family
Transaction: For sale
Site area: 10,423.38 square feet
Listing brokerage: MaxWell Polaris
Listing representative: Peter Chen
Board / association: Edmonton - Commerical

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Financial information

Asking price$3,500,000

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Location intelligence

Edmonton, Alberta T5L2V6

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Documents

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Property diligence resources

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial buyer representationAcquisition scope, agency, conflicts, information, compensation and exit →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Selling commercial propertyOwner objectives, evidence, marketing, offers and closing →Commercial pricing and positioningProperty interest, buyer audience, evidence and launch strategy →Commercial offering memorandumSource control, analysis, privacy, attribution and corrections →Public vs. confidential marketingReach, disclosure, qualification and reporting controls →Buying tenant-occupied commercial propertyLease, rent roll, tenant evidence and closing continuity →Triple net lease investmentsExpense allocation, tenant covenant, remaining term and owner exposure →Commercial lease rollover riskExpiries, renewal uncertainty, downtime and leasing capital →Commercial tenant covenant reviewLegal obligors, payment evidence, financial capacity and privacy →Lease security and letters of creditAmount, custody, expiry, draw and closing transfer →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 29200202
Last supplied (UTC): October 19, 2026
Listing brokerage: MaxWell Polaris
Listing representative: Peter Chen
Board / association: Edmonton - Commerical

Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.

Listing brokerage: MaxWell Polaris · Listing representative: Peter Chen · Board/association: Edmonton - Commerical · Updated (UTC): Oct 19, 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.