11323 106 ST NW, Edmonton, AB T5G2P6 – E4446094 - Katie Van Nes

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Katie Van Nes

katie@mostreferred.expert +1(604) 855-8228

$ 2,200,000

Est. payment | -/mo

4 Beds

4 Baths

5,567 SqFt

Save

$ 2,200,000

Est. payment | -/mo

Save

4 Beds

4 Baths

5,567 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 5,567 sqft

Price per Sqft $395

Subdivision Spruce Avenue

MLS® Listing ID E4446094

Bedrooms 4

Half Baths 1

Year Built 2025

Lot Size 6,520 Sqft

Acres 0.14969397

Property Sub-Type Freehold

Source REALTORS® Association of Edmonton

Property Description

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. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Extra Room 1 Lower level Measurements not available Bedroom 4

Extra Room 2 Upper Level Measurements not available Primary Bedroom

Extra Room 3 Upper Level Measurements not available Bedroom 2

Extra Room 4 Upper Level Measurements not available Bedroom 3

Interior

Heating Forced air

Exterior

Parking Features No

Community Features Public Swimming Pool

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 2

Others

Ownership Freehold

Listed by Initia Real Estate

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

11323 106 ST NW Edmonton, AB T5G2P6