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
For sale
C$2,199,999
16423 99a Ave NW, Edmonton, AB T5P 0K1
5beds
5,996sqft
Quadruplex, 4PLEX
Built in 2025
-- sqft lot
$-- Zestimate®
C$367/sqft
C$-- HOA
What's special
- 15 days |
- 14 |
- 0 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 03, 2025 at 05:20pm
Listed by:
Shikha M Prashanth,
Initia Real Estate
Source: RAE,MLS®#: E4466800
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Upper
Heating
- Forced Air-1, Natural Gas
Appliances
- Included: Second Dryer, Second Refrigerator, Second Stove, Second Washer, Second Dishwasher
Features
- Flooring: Vinyl Plank
- Basement: Full, Finished
Interior area
- Total structure area: 5,995
- Total interior livable area: 5,995 sqft
Property
Parking
- Parking features: Parking Pad, Parking-Extra
Features
- Levels: 2 Storey,2
- Exterior features: Landscaped, Playground Nearby
Lot
- Size: 7,394.69 Square Feet
- Features: Landscaped, Playground Nearby, Near Public Transit, Recreation Use, 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
Location
- Region: Edmonton
Financial & listing details
- Price per square foot: C$367/sqft
- Date on market: 11/26/2025
- Ownership: Private
- Road surface type: Paved Lane
Shikha M Prashanth
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Price history
Price history
Price history is unavailable.
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: Jasper Park
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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