Listing Courtesy of Kirat Bawa of MaxWell Polaris

MLS®: 44178075 - $2,099,000

  • Address: Not available
  • Size: sq.ft.
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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

  • Address: Not available
  • Size: sq.ft.
  • 0
  • Other

Property Information

Year Built: 0

Brokerage: MaxWell Polaris

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Community Information

City/Town: Edmonton

Exterior

Lot Size: 0.00 sq.ft.

Interior

Rooms

Bathrooms: Full: 0 / Half: 0

Legal, Financial & Possession

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.

MLS®: 44178075 - $2,099,000

  • Address: Not available
  • Size: sq.ft.
  • 0
  • Other

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.