Listing Courtesy of Terry Major, Ian Fletcher of MaxWell Polaris

MLS®: 45564630 - $1,990,000

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

BRAND NEW 7-UNIT MULTI-FAMILY - MLI SELECT POTENTIAL - EDMONTONExceptional opportunity to acquire a brand-new 7-unit multi-family property in Edmonton featuring a highly desirable mix of 2-, 3- and 5-bedroom suites, modern finishes and strong projected income.The property offers approximately 6,817 sq. ft. of total building area on a 575.65 mý lot, with stainless-steel appliances, spacious living areas, private outdoor/deck areas, stacked laundry, individual heating/hot water systems and HRV ventilation.Projected gross revenue of $148,200 annually and NOI of $107,525, with an underwriting value of $2,050,000 and projected 5.25% cap rate.The project may qualify for CMHC MLI Select financing, subject to lender and CMHC approval, potentially providing enhanced financing terms and leverage.New construction, diversified rental income and family-oriented suite sizes make this an attractive long-term investment opportunity.Landscaping and finishing touches in progress.

MLS®: 45564630 - $1,990,000

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

Property Information

Year Built: 2026

Brokerage: MaxWell Polaris

Listed Date: Please login or create an account

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 Terry Major, Ian Fletcher / 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 22, 2026, 8:28 pm.

MLS®: 45564630 - $1,990,000

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

Listing Courtesy of Terry Major, Ian Fletcher / 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 22, 2026, 8:28 pm.