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.
Property Type:
Single Family
Dwelling Type:
Quadruplex
Home Style:
2 Storey
Total Floor Area:
4,914.09 sq. ft.457 m2
Price Per SqFt:
$520.75
Total area above grade.:
4,914 sq. ft.456.53 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Lot Area:
7,789.52 sq. ft.724 m2
Grade Level Entry:
No
Levels:
3
Exposure / Faces:
South
Year built:
2026
(Age: 0)
Bedrooms:
4
(Above Grd: 3)
Bathrooms:
4.0
(Full:3/Half:1)
Total Rooms Above Grade:
6
Plan:
1870P
Building Type:
4PLEX
Construction:
Wood, Vinyl
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Carpet, Vinyl Plank
Heating:
Forced Air-1, Natural Gas
Fireplace Fuel:
Electric
Fireplace Type:
Direct Vent
Parking:
Quad or More Detached
Garage:
Yes
Ensuite:
Yes
Closet Organizers, Infill Property
Northwest
Queen Alexandra
Landscaped, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Closet Organizers, Infill Property
Landscaped, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
ensuite bathroom
Dishwasher-Built-In, Dryer, Hood Fan, Refrigerator, Stove-Electric, Washer, See Remarks
Courtesy of Ray Elwenni and Moe Charara of Royal Lepage Arteam Realty
Data was last updated July 17, 2026 at 05:30 AM (UTC)
Area Statistics
Listings on market:
140
Avg list price:
$685,000
Min list price:
$175,000
Max list price:
$4,900,000
Avg days in system:
47
Min days in system:
1
Max days in system:
559
Avg price per sq.ft.:
$473.93
These statistics are generated based on the current listing's property type
and located in
Zone 15. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on July 17, 2026 at 05:30 AM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.