INVESTMENT GROWS FASTER IN A GREAT LOCATION! Own an upcoming new-build 4PLEX with 3 legal basement suites (7 legal doors) in West Edmonton, only 3-min drive to West Edmonton Mall, 5-min walk to Misericordia Hospital & LRT Station, and 10-min walk to Meadowlark Shopping Plaza. Bus stop is right at the front of the property! Close distance to these high-employment hubs and transit services mean STRONG tenant demand and LOW vacancy rates. It offers 7,300+ sq. ft. of refined living space with luxury vinyl on main and lower levels, plush carpet upstairs, and 9-ft ceilings. Open concept living room includes featured wall with a fireplace, kitchens with modern flat-panel cabinetry and quartz counters; baths are finished in sleek tile. Energy-smart design includes triple-pane windows, solar roof vents, 97% high-efficiency furnaces, and electric water heaters. Separate utility meters planned for all suites as a part of CMHC MLI Select requirements. Construction has started; target completion in June 2026.
Address
16310 87 AV NW
List Price
$2,125,000
Property Type
Residential
Type of Dwelling
Quadruplex
Style of Home
2 Storey
Transaction Type
Sale
Area
Edmonton
Sub-Area
West Meadowlark Park
Bedrooms
4
Bathrooms
4
Half Bathrooms
1
Floor Area
4,846 Sq. Ft.
Lot Size
5672.15 Sq. Ft.
Lot Shape
Rectangular
Year Built
2025
MLS® Number
E4462077
Listing Brokerage
MaxWell Polaris
Postal Code
T5R 4H2
Zoning
Zone 22
Parking
Parking Pad Cement/Paved
Community Features
Ceiling 9 ft., Front Porch, Hot Water Electric, No Smoking Home, Wet Bar, See Remarks, Infill Property, HRV System, 9 ft. Basement Ceiling
Exterior Features
Back Lane, Landscaped, Low Maintenance Landscape, Public Transportation, Schools, Shopping Nearby, See Remarks, Partially Fenced
Interior Features
ensuite bathroom
Heat Type
Forced Air-2, Natural Gas
Construction Materials
Wood, Metal, Vinyl
Direction Faces
South
Fireplace
Yes
Fireplace Features
Electric
Foundation Details
Concrete Perimeter
Garage Type
No
Roof
Asphalt Shingles
Access To Property
Paved