$648,000 list price · 5 bedrooms · 4 bathrooms · 2,326 sq ft · Fourplex
What it costs to own
- List price
- $648,000
- Down payment (10%)
- $64,800
- Mortgage
- $583,200
- Rate · amortization
- 4.34% · 25 years
- Principal & interest
- $3,189/mo
Principal and interest only. Property tax, insurance, utilities, condo fees and maintenance are extra.
About this home
PRIME INVESTMENT OPPORTUNITY in highly desirable QUEEN ALEXANDRA! This LEGAL FOUR-UNIT property is ideally positioned in one of Edmonton’s most consistently sought-after rental areas, just minutes from the UNIVERSITY OF ALBERTA, Whyte Ave, transit, shopping, restaurants & countless amenities. The property features FOUR SELF-CONTAINED UNITS—three 1-bedroom, 1-bath suites plus one 2-bedroom, 1-bath suite—each offering a functional layout and bright living space. FULLY TENANTED, this well-maintained property provides immediate rental income and an excellent opportunity to add a proven multi-unit asset to your portfolio. With its CENTRAL LOCATION, strong tenant appeal and proximity to major employment, education & entertainment hubs, this is an exceptional opportunity for investors seeking both CASH FLOW & LONG-TERM POTENTIAL in one of Edmonton’s established central neighbourhoods. (id:66555)
Property details
Property
- Style
- Fourplex
- Year built
- 1945
- Living area
- 2,326 square feet
- MLS® number
- E4512204
Interior
- Bedrooms
- 5
- Bathrooms
- 4
- Basement
- Finished, Full, Suite
- Appliances
- See remarks
Systems
- Heating
- Baseboard heaters
Parking
- Parking
- Stall, See Remarks
City assessment
- Assessed value
- $554,500 (2025)
- Assessment class
- Other Residential
Lot & site
- Lot features
- See remarks, Flat site, Lane
- Site influences
- See remarks, Flat site, Lane, Public Swimming Pool
- Community
- Queen Alexandra
Rooms
Main level
- Living room3.99 × 4.13 meters
- Kitchen4.01 × 3.88 meters
- Primary Bedroom5.14 × 3.37 meters
- Second Kitchen2.44 × 2.17 meters
Upper Level
- Bedroom 23.16 × 3.33 meters
- Bedroom 32.59 × 3.8 meters
- Bedroom 43.56 × 3.45 meters
- Second Kitchen3.84 × 3.54 meters
Basement
- Bedroom 54.15 × 3.42 meters
- Second Kitchen1.9 × 4.33 meters
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Listing courtesy of Exp Realty. Listing data is provided under copyright by the REALTORS® Association of Edmonton via the CREA Data Distribution Facility (DDF®). Information is deemed reliable but is not guaranteed accurate by CREA, the board, or Padster, and should be independently verified. Not intended to solicit properties currently listed for sale.