Arvinder Clair
(780) 450-6300
Maxwell Realty Polaris
Fax: (780) 450-6670
Listing Courtesy of Terry Major, Ian Fletcher of MaxWell Polaris MLS®: 45564630 - $1,990,000
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
Property InformationYear Built: 2026 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 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
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. |