$2,450,000 list price · 10 bedrooms · 12 bathrooms · 4,392 sq ft · Fourplex
What it costs to own
- List price
- $2,450,000
- Down payment (10%)
- $245,000
- Mortgage
- $2,205,000
- Rate · amortization
- 4.34% · 25 years
- Principal & interest
- $12,057/mo
Principal and interest only. Property tax, insurance, utilities, condo fees and maintenance are extra.
About this home
Introducing an exceptional investment opportunity in the heart of Westmount. This brand new 2025 built 8 unit property offers the perfect combination of strong income potential, quality construction and long term appreciation in one of Edmonton's most sought after infill communities. Featuring four spacious 3 bedroom, 2.5 bath upper suites and four legal 2 bedroom basement suites, each unit is thoughtfully designed with modern finishes, quartz countertops, stainless steel appliances, vinyl plank flooring and in suite laundry. Solar panels contribute to improved efficiency and reduced operating costs while three garages and additional parking enhance tenant appeal. Located minutes from downtown, transit, schools, shopping, parks and Edmonton's growing core, this turnkey asset is positioned to attract quality tenants and deliver consistent returns. A rare opportunity to own a newly constructed multi family property in a mature neighbourhood known for its redevelopment, convenience and enduring value. (id:66555)
Property details
Property
- Style
- Fourplex
- Year built
- 2025
- Living area
- 4,392 square feet
- MLS® number
- E4493963
Interior
- Bedrooms
- 10
- Bathrooms
- 12
- Basement
- Full, Other, See Remarks, Suite
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer
Systems
- Heating
- Forced air
Parking
- Parking
- Detached Garage
City assessment
- Assessed value
- $1,407,000 (2025)
- Assessment class
- Other Residential
Lot & site
- Lot size
- 611 m² (6,576 sq ft)
- Lot features
- See remarks, Flat site, Lane
- Site influences
- See remarks, Flat site, Lane
- Community
- Westmount
Rooms
Upper Level
- Primary Bedroom—
- Bedroom 2—
- Bedroom 3—
- Bedroom 6—
- Additional bedroom—
- Bedroom—
Lower level
- Bedroom 4—
- Bedroom 5—
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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.