Brand new 4-plex with 8 fully legal units in central Edmonton! Each main unit features 3 bedrooms, 2.5 baths, and 1,395 sq ft, plus a fully self-contained 1 bedroom, 1 bath basement suite (686 sq ft) with separate entrance and in-suite laundry. Modern finishes throughout, separate utility meters, and parking included. Projected gross rent of $163,200/year with 5–6% cap rate potential. Ideally located near NAIT, Royal Alexandra Hospital, downtown, and major transit routes. No rent control, low property taxes, and a strong rental market make this a perfect turnkey investment. Future condo title potential. A rare opportunity for cash-flow-focused buyers in one of Canada’s most landlord-friendly markets. (id:51989)
Features of 11323 106 St Nw
- MLS® Number E4468078
- Price $2,099,000
- Bedrooms: 4
- Bathrooms: 4
- Square Footage: 5567 sqft
- Property Type: Fourplex
- Neigbourhood: Spruce Avenue
- Amenities Near By Playground, Public Transit, Schools, Shopping
- Community Features Public Swimming Pool
- Features Lane, Exterior Walls- 2x6", No Animal Home, No Smoking Home
- Parking Space Total 3
Buildings
| Bathroom Total | 4 | Bedrooms Total | 4 |
| Amenities | Ceiling - 9ft, Vinyl Windows | Appliances | Dishwasher, Dryer, Microwave Range Hood Combo, Refrigerator, Stove, Washer, See Remarks |
| Basement Development | Finished | Basement Features | Suite |
| Basement Type | Full (finished) | Constructed Date | 2025 |
| Construction Style Attachment | Attached | Fire Protection | Smoke Detectors |
| Half Bath Total | 1 | Heating Type | Forced Air |
| Stories Total | 2 | Size Interior | 5567 Sqft |
| Type | Fourplex |
Parking
| Parking Pad |
Land
| Acreage | No | Land Amenities | Playground, Public Transit, Schools, Shopping |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bedroom 4 | Measurements not available | ||
| Upper Level | Primary Bedroom | Measurements not available | ||
| Upper Level | Bedroom 2 | Measurements not available | ||
| Upper Level | Bedroom 3 | Measurements not available |
Agents and Offices
- Dustin Beech
- Office: Initia Real Estate