11323 106 ST NW
Edmonton T5G 2P6
MLS® Number: E4446094
$ 2,200,000
4
BEDROOMS
3 + 1
BATHROOMS
5,567
SQUARE FEET
2025
YEAR BUILT
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.
COMMUNITY | Spruce Avenue |
PROPERTY TYPE | Quadruplex |
BUILDING TYPE | 4PLEX |
STYLE | 2 Storey |
YEAR BUILT | 2025 |
SQUARE FOOTAGE | 5,567 |
BEDROOMS | 4 |
BATHROOMS | 3.50 |
BASEMENT | Full, Finished |
AMENITIES | Ceiling 9 ft., Detectors Smoke, Exterior Walls- 2"x6", No Animal Home, No Smoking Home, Vinyl Windows |
APPLIANCES | Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer, See Remarks |
COOLING | |
FIREPLACE | |
FLOORING | Carpet, Vinyl Plank |
HEATING | Forced Air-2, Natural Gas |
LAUNDRY | ensuite bathroom |
LOT FEATURES | Back Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby |
PARKING | Parking Pad Cement/Paved |
RESTRICTIONS | None Known |
ROOF | Asphalt Shingles |
TITLE | Fee Simple |
BROKER | REALTORS® Association of Edmonton |
ROOMS | DIMENSIONS (m) | LEVEL |
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