Purpose-built, turnkey investment in one of Edmonton's strongest rental corridors. Brand-new 4-plex with 4 legal basement suites in desirable Queen Alexandra, just minutes from the University of Alberta, built by the award winning Bloc 53 Developments. Offering 8 self-contained suites, 16 bedrooms, 14 bathrooms, and 4 single garages, this premium multi-family asset is separately metered for all utilities and is an ideal candidate for the CMHC MLI Select Program, with projected gross annual income of $166,000–$180,000. All suites include stainless steel appliances, modern finishes and the property comes fully landscaped. Seller will provide a recent appraisal and Phase I environmental report (approximately $7,000 in value), saving buyers time and due diligence costs. An outstanding turnkey investment in a high-demand rental location with exceptional cash flow and a strong tenant profile. Rare opportunity in one of Edmonton's most sought-after rental markets.
Address
10546 72 AV NW NW
List Price
$2,559,000
Property Type
Residential
Type of Dwelling
Quadruplex
Style of Home
2 Storey
Transaction Type
Sale
Area
Edmonton
Sub-Area
Queen Alexandra
Bedrooms
4
Bathrooms
4
Half Bathrooms
1
Floor Area
4,914 Sq. Ft.
Lot Size
7789.52 Sq. Ft.
Lot Shape
Rectangular
Year Built
2026
MLS® Number
E4499205
Listing Brokerage
Royal Lepage Arteam Realty
Postal Code
T6E 4T8
Zoning
Zone 15
Parking
Quad or More Detached
Community Features
Closet Organizers, Infill Property
Exterior Features
Landscaped, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Interior Features
ensuite bathroom
Heat Type
Forced Air-1, Natural Gas
Construction Materials
Wood, Vinyl
Direction Faces
South
Fireplace Features
Electric
Foundation Details
Concrete Perimeter
Garage Type
Yes
Roof
Asphalt Shingles
Access To Property
Paved