This offering provides investors with the ability to control a $2.2 M 8-unit multifamily asset with exceptional leverage and strong rental fundamentals. Configuration: • 4 × 3-Bedroom Townhomes • 3 × LEGAL 2-Bedroom Basement Suites Located in Edmonton, Canada’s highest-performing rental markets. Through CMHC MLI Select, eligible buyers can secure: • Up to 95% loan-to-value • Extended amortizations • Improved cash flow and long-term stability Key Advantages: • Premium tenant demand • Fully legal, turnkey 8-unit structure • High leverage = strong projected ROI • Attractive option for portfolio expansion
Address
16423 99A AV NW
List Price
$2,199,999
Property Type
Residential
Type of Dwelling
Quadruplex
Style of Home
2 Storey
Transaction Type
Sale
Area
Edmonton
Sub-Area
Jasper Park
Bedrooms
5
Bathrooms
4
Half Bathrooms
1
Floor Area
7,998 Sq. Ft.
Lot Size
7394.70 Sq. Ft.
Lot Shape
Rectangular
Year Built
2025
MLS® Number
E4466800
Listing Brokerage
Initia Real Estate
Postal Code
T5R 1N9
Zoning
Zone 22
Parking
Parking Pad Cement/Paved
Community Features
On Street Parking, Parking-Extra
Exterior Features
Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Transportation, Recreation Use, Schools, Shopping Nearby
Interior Features
ensuite bathroom
Heat Type
Forced Air-1, Natural Gas
Construction Materials
Wood, Vinyl
Direction Faces
East
Foundation Details
Concrete Perimeter
Garage Type
No
Roof
Asphalt Shingles
Access To Property
Paved