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 $163,200/year with 5–6% cap rate potential. Ideally located near NAIT, Royal Alexandra Hospital, downtown, and major transit routes. No rent control, low property taxes, and a strong rental market make this a perfect turnkey investment. Future condo title potential. A rare opportunity for cash-flow-focused buyers in one of Canada’s most landlord-friendly markets. (id:59123)
11323 106 St Nw$ 2,099,000 | Spruce Avenue | Edmonton
Listing Details
Property Details
- Full Address:
- 11323 106 ST NW, Edmonton, Alberta
- Price:
- $ 2,099,000
- MLS Number:
- E4468078
- List Date:
- December 13th, 2025
- Neighbourhood:
- Spruce Avenue
- Year Built:
- 2025
Interior Features
- Bedrooms:
- 4
- Bathrooms:
- 4
- Appliances:
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, See remarks
- Interior Features:
- Ceiling - 9ft, Vinyl Windows
- Heating:
- Forced air
- Basement:
- Finished, Full, Suite
Building Features
- Storeys:
- 2
- Garage:
- Parking Pad
- Garage Spaces:
- 3
- Ownership Type:
- Freehold
Floors
- Finished Area:
- 5567 sq.ft.
Land
Neighbourhood Features
- Amenities Nearby:
- Public Swimming Pool
Ratings
Commercial Info
Location
Neighbourhood Details
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REALTOR® Details
Agent: Dustin Beech
Office: Initia Real Estate
Data provided by: REALTORS® Association of Edmonton
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