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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
    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.
    46 days
    on Zillow
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    5
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: July 05, 2025 at 02:44pm

    Listed by:

    Dustin Beech,

    Initia Real Estate

    Source: RAE,MLS®#: E4446094MLS Logo
    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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