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Park Realty Inc.

Park Realty

[email protected] +1(587) 493-4321

Listed by Shikha M Prashanth • Initia Real Estate

$ 2,199,999

Est. payment -/mo

Save

Active

16423 99A AV NW Edmonton, AB T5R 1N9

5 Beds

3.5 Baths

5,995 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,995 sqft

Price per Sqft $366

MLS® Listing ID E4466800

Bedrooms 5

Full Baths 3

Half Baths 1

Year Built 2025

Lot Size 7,394 Sqft

Acres 0.16975291

Property Sub-Type Quadruplex

Property Description

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

Location

Province AB

Zoning Zone 22

Rooms

Other Rooms Second Kitchen

Basement Full, Finished

Separate Den/Office true

Interior

Interior Features ensuite bathroom

Heating Forced Air-1, Natural Gas

Flooring Vinyl Plank

Appliance Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two, Dishwasher-Two

Exterior

Exterior Feature Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Transportation, Recreation Use, Schools, Shopping Nearby

Community Features On Street Parking, Parking-Extra

Roof Type Asphalt Shingles

Garage false

Building

Story 2

Foundation Concrete Perimeter

Architectural Style 2 Storey

Others

Tax ID 0016525703

Ownership Private

REALTORS® Association of Edmonton (RAE VOW)

Tristan Boire

Realtor®

+1(403) 999-0771