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4 Bedroom Property in Spruce Avenue

11323 106 ST NW, Edmonton

  • 4
  • 4
  • 3
  • 6 520.72 Sqft.
For saleBuilt 2025

$2,200,000

Overview & Property Details

  • Type: Brand new 4-plex with 8 fully legal units in central Edmonton! Each main unit features 3 bedrooms 2.5 baths and 1395 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 $163200|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-43741)

  • Sq.ft. area: 6 520.72 Sqft.
  • Built: 2025
  • Bedrooms: 4
  • Bathrooms: 4
  • Parking places: 3
  • Basement: --

Amenities

  • Playground
  • Public Transit
  • Schools
  • Shopping

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