INVESTOR ALERT – LEGAL 4-PLEX! Exceptional cash-flow opportunity with this 2007 infill generating $5,050/month when fully rented with minimal expenses. A total of 8 Bedrooms, 4 Bathrooms, 4 Kitchens, 4 Laundry Suites, and 4 Separate entrances - this newer infill also has 3/4 newer furnaces and newer hot water tanks. Spacious floorplans featuring contemporary interiors that include updated flooring, kitchens, bath (with 2 units nearly brand new). All 4 units are 2 bed/1 bath W/ IN SUITE LAUNDRY and large windows allowing ample natural light throughout. Fenced and landscaped backyard with dedicated parking for each unit. Located in a high-potential redevelopment area near schools, LRT, shops & transit making this a solid, LOW-MAINTENANCE LONG TERM HOLD in a desirable location. *Photos from before tenants moved in*More details
Courtesy of Matthew J Labas of RE/MAX Professionals
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
Welcome to this upcoming CORNER LOT 4plex in the heart of Glenwood, Edmonton, offering an exceptional investment opportunity with multiple income streams. This stunning property features legal basement suites and a garage suite, for a total of 21 bedrooms, 15 bathrooms, and over 3,700 sq. ft. of living space (approx. 1,100 sq. ft. per main unit, not including the garage suite). Each basement includes a separate entrance to a ~600 sq.ft. legal secondary suite with 2 bedrooms, full kitchen, living room, bathroom, and in-suite laundry — ideal for generating rental income or multi-generational living. The garage suite adds even more versatility for investors or extended family with its own full bedroom and bathroom + kitchen and living. Located in a highly desirable neighborhood, this property is close to schools, shopping, public transportation, and playgrounds, making it attractive to both families and professionals. A fully landscaped yard will be provided for low-maintenance living.More details
Total 8 units. 3-story 6680 sqft Corner Lot. Rare Opportunity in Laurier Heights (high-end community)! Laurier Heights offers scenic living on the west bank of the North Saskatchewan River Valley, recognized for its historic streets and proximity to the City’s Valley Zoo and river valley recreational areas. The well-designed 3-story height project is 8-units: 4 upper units(3-bed), 4 lower units(2-bed), and 3 single detached garages. The 4 spacious Upper units, each approximately 1,670 sq.ft., 3 beds, 2.5 baths, a bonus/flex room, and a rooftop balcony offering impressive city views—ideal for families or executive tenants seeking space and luxury. The 4 lower units are efficiently laid out with 2 beds, 1 full bath, living and dining areas, averaging 620 sq.ft. each—perfect for small families. Photos are 3D renderings. Excavation stage. Completion est. Summer/Fall 2026. Qualify for CMHC MLI Select program.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 Rare Investment Opportunity in PLEASANTVIEW! This newly built, income-generating 8-unit 4plex offers exceptional design, long-term performance, and strong RENTAL returns. Featuring a total of 16 BEDROOMS, 12 FULL BATHROOMS, and 4 HALF BATHROOMS, each unit is thoughtfully designed with premium finishes including luxury vinyl plank flooring, quartz countertops, stainless steel appliances, 9 ft ceilings, and upgraded fixtures. The UPPER UNITS include 3 bedrooms, 2.5 baths, in-suite laundry, and modern open-concept layouts. The legal basement suites are fully finished with 1 bedroom, 1 bathroom, private entry, full kitchens, and their own laundry. Perfectly located just 1 minute from MOUNT PLEASANTVIEW SCHOOL and only 10 minutes to DOWNTOWN, this property combines convenience with long-term value. With projected RENTS of $13,500–$14,500/month, this turnkey asset is ideal for investors seeking CMHC MLI Select eligibility and reliable cash flow. A true turnkey multifamily opportunity built to outperform.More details
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 1-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 expansionMore 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. 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
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.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
Data was last updated March 30, 2026 at 11:30 AM (UTC)
Data last updated on March 30, 2026 at 11:30 AM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.