10021 89 AV NW
Edmonton T6E 2S7
MLS® Number: E4473353
$ 2,600,000
3
BEDROOMS
2 + 1
BATHROOMS
6,020
SQUARE FEET
2026
YEAR BUILT
CMHC MLI Select eligible investment opportunity in prime Strathcona, facing the river and park in Edmonton! This brand-new 4-plex offers above-grade 3-bedroom, 2.5-bath residences (~1,505 sq ft each) complemented by ~700 sq ft basement—ideal for long-term tenants or high-performing short-term rentals—each with a separate entrance & in-suite laundry. This multifamily complex will deliver 20 beds and 16 baths, crafted by an experienced infill builder recognized for exceptional quality and modern design. To be completed by August 2026, the property is projected to generate approximately $16,000 per month exc utilities, with an estimated annual net income of $61,000 (including principal), offering both strong cash flow and long-term appreciation potential. Premium finishes include floor-to-ceiling cabinetry, quartz countertops, oversized windows and refined contemporary detailing throughout, all just steps from river valley trails, parks, schools, shopping.
| COMMUNITY | Strathcona |
| PROPERTY TYPE | Quadruplex |
| BUILDING TYPE | 4PLEX |
| STYLE | 3 Storey |
| YEAR BUILT | 2026 |
| SQUARE FOOTAGE | 6,020 |
| BEDROOMS | 3 |
| BATHROOMS | 2.50 |
| BASEMENT | Full, Finished |
| AMENITIES | Ceiling 9 ft., Vacuum System-Roughed-In |
| APPLIANCES | Appliances Negotiable |
| COOLING | |
| FIREPLACE | |
| FLOORING | Vinyl Plank |
| HEATING | Forced Air-1, Natural Gas |
| LAUNDRY | ensuite bathroom |
| LOT FEATURES | Back Lane, Backs Onto Park/Trees, Playground Nearby, Public Transportation, Ravine View, River Valley View, River View, Shopping Nearby, View Downtown |
| PARKING | See Remarks |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingles |
| TITLE | Fee Simple |
| BROKER | REALTORS® Association of Edmonton |
| ROOMS | DIMENSIONS (m) | LEVEL |
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