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Property at 11323 106 ST NW image 1
Property at 11323 106 ST NW image 2
Property at 11323 106 ST NW image 3
Property at 11323 106 ST NW image 4
Property at 11323 106 ST NW image 5
9

$2,200,000

11323 106 ST NW
Edmonton, Alberta, Alberta, T5G2P6

MLS® Number: E4446094
Listed 55 days ago
4 4

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.

Building information

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Basement Development

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Land information

Amenities

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Size Total

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Rooms

Upper Level

Bedroom 3

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Bedroom 2

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Primary Bedroom

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Lower level

Bedroom 4

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Courtesy of Initia Real Estate

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