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https://zimg.paragon.ice.com/ParagonImages/Property/PM/RAE/225386173/3/0/0/1fffccf80ac8952c05640c903eaecfa2/1/78bcb0fb3a5f96a65e694269b02bb792/225386173-73622819-7686-471c-a9cc-b98ed4713945.JPG https://zimg.paragon.ice.com/ParagonImages/Property/PM/RAE/225386173/5/0/0/2e76c22ab6a1f184c6bec82928aa33cf/1/78bcb0fb3a5f96a65e694269b02bb792/225386173-ba0e533f-6cc4-4d1e-9a74-27d9bf73d540.JPG

10021 89 AV NW

Edmonton T6E 2S7

MLS® Number:  E4473353

Back to Strathcona   

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  • 10021 89 AV NW

$ 2,600,000

3

BEDROOMS

2 + 1

BATHROOMS

6,020

SQUARE FEET

2026

YEAR BUILT

https://zimg.paragon.ice.com/ParagonImages/Property/PM/RAE/225386173/3/0/0/1fffccf80ac8952c05640c903eaecfa2/1/78bcb0fb3a5f96a65e694269b02bb792/225386173-73622819-7686-471c-a9cc-b98ed4713945.JPG

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MLS® Number
E4473353
PROPERTY TYPE
Quadruplex
LISTING DATE
February-12-2026

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

 

 

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.