11323 106 St Nw, Edmonton, Alberta T5G 2P6

$2,149,000.00
11323 106 ST NW
9768
Description

Brand new 4-plex with 8 fully legal units in central Edmonton! Each main unit features 3 bedrooms, 2.5 baths, and 1,395 sq ft, plus a fully self-contained 1 bedroom, 1 bath basement suite (686 sq ft) with separate entrance and in-suite laundry. Modern finishes throughout, separate utility meters, and parking included. Projected gross rent of $163,200/year with 5–6% cap rate potential. Ideally located near NAIT, Royal Alexandra Hospital, downtown, and major transit routes. No rent control, low property taxes, and a strong rental market make this a perfect turnkey investment. Future condo title potential. A rare opportunity for cash-flow-focused buyers in one of Canada’s most landlord-friendly markets. (id:42720)

Address: 11323 106 ST NW
Address Line1: 11323 106 ST NW
City: Edmonton
Province: Alberta
Postal Code: T5G2P6
Country: Canada
Neighbourhood: Spruce Avenue
Price: $2,149,000.00
Bedrooms: 4
Bathrooms: 4
MLS ID: E4446094
Ammenities Near By: Playground, Public Transit, Schools, Shopping
Community Features: Public Swimming Pool
Lease: 0.00
Listing Contract Date: 2025-07-05
Ownership Type: Freehold
Parking Space Total: 3
Property Type: Single Family
Amenities: Ceiling - 9ft, Vinyl Windows
Appliances: Dishwasher, Dryer, Microwave Range Hood Combo, Refrigerator, Stove, Washer, See remarks
Basement Development: Finished
Basement Features: Suite
Basement Type: Full (Finished)
Constructed Date: 2025
Construction Style Attachment: Attached
Fire Protection: Smoke Detectors
Fireplace Present: False
Half Bath Total: 1
Heating Type: Forced air
Stories Total: 2
Size Interior: 5567 sqft
Type: Fourplex
Size Total: 605.79 m2
Size Total Text: 605.79 m2
Acreage: false
Land Amenities: Playground, Public Transit, Schools, Shopping
Size Irregular: 605.79
Parking: Parking Pad
Custom Listing: 0
Board: 10
Lane
Exterior Walls- 2x6"
No Animal Home
No Smoking Home
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Initia Real Estate

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Initia Real Estate

201-11823 114 Ave NW
Edmonton, Alberta T5G 2Y6

(780) 705-5393

(780) 705-5392

www.liveinitia.ca/

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