$2,250,000 list price · 3 bedrooms · 12 bathrooms · 5,038 sq ft · Fourplex
What it costs to own
- List price
- $2,250,000
- Down payment (10%)
- $225,000
- Mortgage
- $2,025,000
- Rate · amortization
- 4.34% · 25 years
- Principal & interest
- $11,072/mo
Principal and interest only. Property tax, insurance, utilities, condo fees and maintenance are extra.

About this home
Exceptional 8-Unit Investment Opportunity! An outstanding opportunity to own a brand-new purpose-built multi-family property featuring 8 self-contained rental units in a highly desirable location. This investment consists of four spacious two-storey upper units, each offering approximately 1,259 sq. ft. with 3 bedrooms, 2.5 bathrooms, modern open-concept living, contemporary kitchens, upper-floor laundry, and private front entrances. Complementing the upper residences are four fully legal 2-bedroom basement suites, each approximately 719 sq. ft., complete with separate entrances, full kitchens, in-suite laundry, spacious living areas, and independent mechanical This purpose-built multi-family development has been designed with investors in mind and offers potential eligibility for CMHC-insured financing programs, including CMHC MLI Select (subject to purchaser qualification and program requirements), providing an attractive opportunity for enhanced financing options. (id:66555)
Property details
Property
- Style
- Fourplex
- Year built
- 2026
- Living area
- 5,038 square feet
- MLS® number
- E4494863
Interior
- Bedrooms
- 3
- Bathrooms
- 12
- Basement
- Finished, Full, Suite
- Appliances
- See remarks
Systems
- Heating
- Forced air
Parking
- Parking
- Detached Garage, Parking Pad
City assessment
- Assessed value
- $367,000 (2025)
- Assessment class
- Residential
Lot & site
- Lot size
- 688 m² (7,401 sq ft)
- Lot features
- See remarks
- Site influences
- See remarks
- Community
- Sherwood
Rooms
Main level
- Living room—
- Dining room—
- Kitchen—
- Family room—
Upper Level
- Primary Bedroom—
- Bedroom 2—
- Bedroom 3—
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Listing courtesy of MaxWell Polaris. 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.