16 beds/16 baths.Don’t miss this exceptional 4-plex investment opportunity in Edmonton, meticulously crafted by experienced infill builders. Each of the four legal suites includes a spacious 3-bed, 2.5-bath main unit plus a 1-bed, 1-bath legal basement suite—totaling 16 bedrooms & 16 bathrooms across 5,400+ sqft of above-grade living space. Currently under construction with a fall/winter 2025 closing, this property qualifies for the CMHC MLI Select Program & delivers projected monthly rents of $13,600+/- (exc.utilities), capitalizing on Alberta’s booming rental market. Premium upgrades elevate every unit: floor-ceiling cabinets, s/steel appliances, quartz countertops, 9’ ceilings, & oversized windows. The versatile basement suites are perfect for long-term tenants or high-earning Airbnb stays. Located mins from future LRT, schools, West Edmonton Mall, Misericordia Hospital, & downtown, this turnkey asset combines luxury, cash flow, and convenience. Act now—this high-CAP RATE property won't last long!More details
INVESTMENT GROWS FASTER IN A GREAT LOCATION! Own an upcoming new-build 4PLEX with 3 legal basement suites (7 legal doors) in West Edmonton, only 3-min drive to West Edmonton Mall, 5-min walk to Misericordia Hospital & LRT Station, and 10-min walk to Meadowlark Shopping Plaza. Bus stop is right at the front of the property! Close distance to these high-employment hubs and transit services mean STRONG tenant demand and LOW vacancy rates. It offers 7,300+ sq. ft. of refined living space with luxury vinyl on main and lower levels, plush carpet upstairs, and 9-ft ceilings. Open concept living room includes featured wall with a fireplace, kitchens with modern flat-panel cabinetry and quartz counters; baths are finished in sleek tile. Energy-smart design includes triple-pane windows, solar roof vents, 97% high-efficiency furnaces, and electric water heaters. Separate utility meters planned for all suites as a part of CMHC MLI Select requirements. Construction has started; target completion in June 2026.More details
"Excellent Investment Opportunity in St. Paul" Located in a quiet residential area of St. Paul, this well-maintained 4-plex offers solid income potential. Each unit features 2 bedrooms, in-suite laundry, and a spacious balcony. The building provides energized parking stalls at the rear along with additional street parking for tenants and guests. This property is an ideal addition to any investment portfolio, offering consistent rental demand and strong long-term value.More details
Courtesy of Kerri L Dechaine of Dale Real Estate (St. Paul) Ltd.
A proven track record! Welcome Homes has been building homes and developing land in Edmonton since 1977. Other similar buildings already under MLI with more under construction. Builder will assist with MLI application. Nothing like this in the city! Possession summer 2026. Purposely built for MLI select, but subdividable when you're ready for an exit by selling individually. Very large and livable units. Rentals are strong in the suburbs and the two most recently completed buildings on the same block have no vacancy. Close to all amenities, bus routes, the Garrison army base and the Anthony Henday make this location in high demand. The 3 bedroom large main upper units are perfect for a family and comand high rents, double attached garage and bonus room on the 2nd floor. Basement suites are laid out to optimize the perfect one bedroom unit with storage and high ceilings. CLICK THE MORE PHOTOS BUTTON FOR A VIDEO OF A VERY SIMILAR UNITMore details
Great investment opportunity with this well-maintained 4 plex in the hamlet of Thorhild. Seller has kept this complex in good shape and has upgraded the units as needed. There are 2 @ 2bedrm units on the upper level and lower level has 1 @ 1bedrm unit and 1 @2 bedrm unit. All are very spacious. Each unit is metered separately for power. Rent includes heat. There are 2 storage rooms and a utility room on the lower level. There are 4 energized parking stalls in the back. Complex is fully rented with good tenants.More details
Exceptional turnkey four unit income property built in 2024 with balance of new home warranty. Rare opportunity to acquire a high quality low maintenance asset with pride of ownership throughout. Sale includes four individually titled non condo townhomes sold as a package. Thoughtfully upgraded and in excellent condition with no construction risk and no new build delays. Fully completed with landscaping, fencing, appliances, window coverings and garage already in place. Modern open concept layouts featuring 3 beds and 2.5 baths per unit. Located in Beaumont offering a stable rental profile and long term appeal close to schools amenities and commuter routes.More details
4 Plex in Westlock right across from the St. Mary's school. Three 2 bedroom 1 bathroom suites, One 1 bedroom, 1 bathroom suite. Fresh renos include: new windows, metal roof done in 2018, new hot water tanks 2019, common laundry room redone with new cupboards 2025, large yard, new front sidewalk 2025, individual storage areas,4 plug in parking stalls . Needs nothing!More details
QUALITY NEW CONSTRUCTION by PREMIER BUILDER ALAIR HOMES! This 8-unit multi-family complex in the desirable Pleasantview community! Just steps away from Mount Pleasant School (K to 6 with Cogito Program). This property offers an exceptional investment opportunity and is a great addition to your real estate portfolio. This modern 3-STOREY build features a versatile unit mix, of (4) spacious 4-bedroom+den & 3.5-bathroom above-grade units (~1,580 Sqft) and (4) comfortable 2-bedroom, 1-bathroom basement suites (~644 Sqft). High-quality finishes throughout, such as QUARTZ COUNTERS, LVP FLOORING, and in-suite laundry in every unit. Residents enjoy a 5-car parking pad in the back. Perfectly situated on 106 St with a bus-stop out front, easy access to amenities such as Southgate Shopping centre, and close to the U of A; this prime legacy asset is poised for income generation & future appreciation.**Property will qualify for the new "100% GST rebate", purchaser to consult their accountants/advisors***Ready Nov 2026More details
Purpose-built multi-family rental property featuring stacked dwelling configuration across a three-storey main building plus a two-unit garden suite, offering a total of 27 bedrooms and 2 dens, approximately 10,500 sq.ft. Designed for long-term performance, the building offers a mix of spacious multi-level units and efficient secondary suites, all with in-suite laundry. The main building offers well-laid-out units with multiple living areas, full kitchens, strong bedroom-to-bath ratios, and in-suite laundry(23 bed and 2 den). Upper levels feature up to three bedrooms with additional bedrooms and full baths below. Select units include dens and wet bars. Each unit is independently serviced. Garden suite includes two self-contained 2-bedroom units (main + second floor). No garage. CMHC MLI Select eligible (buyer to verify).More details
Attention real estate investors and landlords looking for your next income property! This beautiful and updated 4-plex is well set up to immediately see a return on investment. Located in Cold Lake north just steps from the lake and Western Canada's largest freshwater marina, this property is walking distance to stores, restaurants, and transit. This prime location in Cold Lake's tourist area makes this investment ideal for both short and long term rentals. On the main level of each unit is a living room, dining area, a half bath, and kitchen complete with fridge, stove, dishwasher, and microwave hood fan. Upstairs are 3 bedrooms and a 4pc bath, and in the basement you will find lots of room for storage, and a laundry area with washer and dryer. Each unit has its own entrance, and a deck off the living room. There is also a fenced in backyard with a fire pit for tenants to enjoy. Lots of room for parking both on site and on street. This property has been professionally managed, and is easy to rent out!More details
Courtesy of Maciek Juszczyk of Royal Lepage Northern Lights Realty
Perfect Investment Opportunity! This meticulously maintained 4-plex is a rare find, proudly offered for sale by its second owner. Featuring four fully self-contained units, each suite includes 3+2 bedrooms, 2.5 bathroom and in-suite laundry! Units are separately metered so tenants pay their own utilities, maximizing your net return! Extensive recent upgrades provide peace of mind, including FF basement spaces, upgraded electrical, new flooring throughout, and beautifully updated kitchens and bathrooms. Pride of ownership is evident in every detail. Ideally located in a safe, established neighbourhood with quick access to Capilano Ravine, Forest Heights Recreation Centre, and the downtown core, these suites are easy to rent and attractive to quality tenants. A turnkey addition to any portfolio! Some photos have been virtually staged.More details
Courtesy of Gillian R Kirkland of NOW Real Estate Group
Opportunity to invest in a great rental property before the anticipated “boom” hits! Each unit in the 4 plex has 3 bedrooms and a 4 piece bathroom on the upper level, and a kitchen, living room, dining room on & 2 piece bathroom on the main level. The basements are undeveloped but offer excellent storage and development potential. Currently each unit pays their own power & gas, and the owner pays the water. The property is well maintained and has lots of upgrades. (shingles, windows, paint, furnaces). The Lake & Marina are at the end of the street and many popular eating establishments are in close walking distance.More details
Courtesy of Colleen F Norman of Royal Lepage Northern Lights Realty
Data was last updated May 4, 2026 at 01:30 PM (UTC)
Data last updated on May 4, 2026 at 01:30 PM (UTC).
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