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.
For sale
C$2,200,000
11323 106th St NW, Edmonton, AB T5G 2P6
4beds
5,567sqft
Quadruplex, 4PLEX
Built in 2025
-- sqft lot
$-- Zestimate®
C$395/sqft
C$-- HOA
What's special
Modern finishes
- 46 days
- on Zillow |
- 5 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 05, 2025 at 02:44pm
Listed by:
Dustin Beech,
Initia Real Estate
Source: RAE,MLS®#: E4446094

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Upper
Heating
- Forced Air-2, Natural Gas
Appliances
- Included: Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Electric Stove, Washer, See Remarks
Features
- Ceiling 9 ft., No Animal Home, No Smoking Home
- Flooring: Carpet, Vinyl Plank
- Windows: Vinyl Windows
- Basement: Full, Finished
Interior area
- Total structure area: 5,566
- Total interior livable area: 5,566 sqft
Property
Parking
- Total spaces: 3
- Parking features: Parking Pad
Features
- Levels: 2 Storey,3
- Exterior features: Playground Nearby, Exterior Walls- 2"x6"
- Pool features: Community, Public Swimming Pool
Lot
- Size: 6,520.66 Square Feet
- Features: Playground Nearby, Near Public Transit, Schools, Shopping Nearby, Public Transportation
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, 4PLEX
- Attached to another structure: Yes
Materials
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- Year built: 2025
Community & HOA
Community
- Features: Ceiling 9 ft., Exterior Walls- 2"x6", No Animal Home, No Smoking Home
- Security: Smoke Detector(s), Detectors Smoke
Location
- Region: Edmonton
Financial & listing details
- Price per square foot: C$395/sqft
- Date on market: 7/5/2025
- Ownership: Private
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