Arvinder Clair
(780) 450-6300
Maxwell Realty Polaris
Fax: (780) 450-6670
Listing Courtesy of Kirat Bawa of MaxWell Polaris MLS®: 44178075 - $2,099,000
CMHC MLI ELIGIBLE MULTIFAMILY OPPORTUNITY! Under Construction fourplex with three legal basement suites located at 118 Street. This modern infill project offers a total of 7 rental units and is ideally suited for investors seeking CMHC-backed financing and long-term rental performance.The building provides a total of 16 bedrooms, 12 full bathrooms, and 4 half bathrooms across approximately 4,487.07 sq.ft. of total developed space. Each upper unit features 3 bedrooms and 2.5 bathrooms, while each basement suite offers 1 bedroom and 1 full bathroom, creating a highly desirable rental mix for families and professionals alike.Projected gross rental income is approximately $14,200 per month, offering strong cash flow potential. The site includes 4 uncovered surface parking stalls with rear lane access.This project is configured as a fourplex with three legal secondary suites, delivering excellent density while maintaining low construction complexity -- ideal for CMHC MLI financing strategies.Architectural desig MLS®: 44178075 - $2,099,000
Property InformationYear Built: 0 Brokerage: MaxWell Polaris Listed Date: Please login or create an account Community InformationCity/Town: Edmonton ExteriorLot Size: 0.00 sq.ft. InteriorRoomsBathrooms: Full: 0 / Half: 0 Legal, Financial & PossessionListing Courtesy of Kirat Bawa / MaxWell Polaris 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. Data was last updated September 27, 2026, 2:00 am. MLS®: 44178075 - $2,099,000
Listing Courtesy of Kirat Bawa / MaxWell Polaris 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. Data was last updated September 27, 2026, 2:00 am. |