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
"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
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
Mature tree lined streets close to all amenities, Quiet with lots of privacy, welcome to the beautiful community of Sherbrooke. a total of 8 legal units, above grade consisting of 3 bed+3 bath, lower units consist of 1 Bed+1bath, and a 4 car garage with ample street parking., full stainless steel appliance package, Renter friendly Flooring through out. Currently Under Construction by House of Modernity with interior designs by Blank Slate Yeg. Building is design built to comply with current MLI and CMHC requirements. Close to public transit, parks, schools, community rec centres, the Yellowhead Trail, West End Industrial area. 4 minute drive to Yellow Head Trail, 8 minutes to NAIT, 9 minutes to Royal Alex Hospital, 6 minute drive to bustling 124 St, 5 minute drive to Westmount Mall, 9 Minute to Coronation Rec centre, 10 minute to Glenora West Block. Based on current market rent Cap Rate is at 5.16%. Scheduled for completion JUNE 2026.More details
Wonderful investment opportunity in the Town of Mundare. Well maintained and recent updates including roof and structural repairs in 2022, suite upgrades such as new fridges, microwave hood fans and stoves as well as fresh paint, kitchen faucets, bedroom flooring, vinyl windows and more. Revenue is coming in from three 2-bedroom units currently paying $1025 each and a 1-bedroom unit at $900. Tenants pay their own power and each unit has an energized parking stall. Situated on a corner lot, across the street from a park. Can be purchased as a package with neighboring 4plex, 5342 53 Ave.More details
Wonderful investment opportunity in the Town of Mundare. Well maintained and recent updates including roof and structural repairs in 2022, suite upgrades such as new fridges, microwave hood fans and stoves as well as fresh paint, kitchen faucets, bedroom flooring, vinyl windows and more. Revenue is coming in from three 2-bedroom units currently paying $1025 each and a 1-bedroom unit at $900. Tenants pay their own power and each unit has an energized parking stall. Situated on a corner lot, across the street from a park. Can be purchased as a package with neighboring 4plex, 5336 53 Ave.More details
Brand-New 4-Plex on a Prime Corner Lot in Sherwood. Exceptional investment opportunity offering over 5,240 sq.ft. above grade with 20 bedrooms and 16 bathrooms, designed for maximum cash flow. Each unit features 9-ft ceilings, an open-concept main floor with living room, modern kitchen, laundry, dining area, and half bath. Upstairs includes 3 bedrooms, including a primary suite with walk-in closet and ensuite and additional bath. Large windows fill the home with natural light. Each basement offers a legal secondary suite (710 sq.ft.) with 2 bedrooms, full kitchen, and laundry, providing dual income potential. Ideally located near schools, shopping, and transit in a high-demand area, this property promises strong rental returns and lasting value.More details
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. EACH UNIT IS SEPERATELY METERED AND SERVICED. SEE MORE PHOTOS BUTTON FOR A VIDEO OF A VERY SIMILAR UNITMore details
Are you looking for a MULTI-FAMILY PROPERTY that you can easily TRANSFORM 2 of the 4 basements into LEGAL SECONDARY SUITES? Here is a FANTASTIC INVESTMENT opportunity in Central Edmonton! This MULTI-UNIT property located in SPRUCE AVENUE offers EXCEPTIONAL INCOME POTENTIAL with over 5,700 sq. ft. of living space across three levels. Each unit is THOUGHTFULLY DESIGNED with bright kitchens, dining areas, and comfortable living spaces. ALL FOUR of the UPSTAIRS units feature TWO SPACIOUS bedrooms, each with PRIVATE ENSUITES AND WALK-IN CLOSETS. Two of the upper units have FINISHED BASEMENTS with a third bedroom, rec room and full bathroom which could EASILY be converted into LEGAL BASEMENT SUITES. Two of the basements are already LEGAL SECONDARY 1BR/1BA SUITES! All Tenants enjoy the convenience of in-suite laundry, and there are 4 detached single-car GARAGES. Situated close to downtown, schools, shopping, hospitals, and transit, this property is PERFECTLY POSITIONED to attract quality renters.More details
Courtesy of Drew N Kardash of Professional Realty Group
Don't pass on this amazing investment opportunity located in the sought-after neighbourhood of High Park. No corners were cut in this incredibly-built 4Plex development which is ready for you to realize your ROI immediately. Currently Managed; Fully Tenanted & Eligible for the CHMC MLI Select Program. TURN-KEY. 8 Total Suites with their own In-Suite Laundry, & includes 4 LEGAL BASEMENT SUITES (with Separate Entrances). 4 Separate Single Garages & Fully Fenced/Beautifully Landscaped. High-End UPGRADES & Modern finishings include: Quartz Countertops; Vinyl Plank Flooring; A/C; S/S Appliances - to name a few. The Upper units have 9' Main Floors featuring functional Kitchens with plenty of Cabinets & Counterspace as well as a spacious Living Rm & 1/2 Bath. The 2nd Floor has 2 Bedrooms with its own Ensuite (one has 2 sinks) & Walk-In Closet. A Laundry closet completes this floor. The Basement Suite has a gorgeous Kitchen; Living Room; Bedroom; Full Bathroom & Laundry. Fantastic location.More details
Courtesy of Damon T Bunting of The Agency North Central Alberta
Data was last updated June 25, 2026 at 09:30 PM (UTC)
Data last updated on June 25, 2026 at 09:30 PM (UTC).
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