Are you looking for a MULTI-FAMILY PROPERTY that you can easily TRANSFORM 2 of the 4 basements into LEGAL SECONDARY SUITES? Here is a FANTASTIC INVESTMENT opportunity in Central Edmonton! This MULTI-UNIT property located in SPRUCE AVENUE offers EXCEPTIONAL INCOME POTENTIAL with over 5,700 sq. ft. of living space across three levels. Each unit is THOUGHTFULLY DESIGNED with bright kitchens, dining areas, and comfortable living spaces. ALL FOUR of the UPSTAIRS units feature TWO SPACIOUS bedrooms, each with PRIVATE ENSUITES AND WALK-IN CLOSETS. Two of the upper units have FINISHED BASEMENTS with a third bedroom, rec room and full bathroom which could EASILY be converted into LEGAL BASEMENT SUITES. Two of the basements are already LEGAL SECONDARY 1BR/1BA SUITES! All Tenants enjoy the convenience of in-suite laundry, and there are 4 detached single-car GARAGES. Situated close to downtown, schools, shopping, hospitals, and transit, this property is PERFECTLY POSITIONED to attract quality renters.
Property Type:
Single Family
Dwelling Type:
Quadruplex
Home Style:
2 Storey
Total Floor Area:
4,137.47 sq. ft.384 m2
Price Per SqFt:
$447.11
Total area main level.:
2,090.58 sq. ft.194 m2
Total area below main level.:
2,046.99 sq. ft.190 m2
Total area above grade.:
4,137 sq. ft.384.38 m2
Finished Area Above Grade:
4,137.47 sq. ft.384 m2
Finished Area Below Grade:
1,831.05 sq. ft.170 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Separate Entrance:
Yes
Lot Area:
7,492.33 sq. ft.696 m2
Lot Shape:
Rectangular
Grade Level Entry:
No
Levels:
3
Exposure / Faces:
South
Year built:
2013
(Age: 12)
Bedrooms:
3
(Above Grd: 2)
Bathrooms:
4.0
(Full:3/Half:1)
Total Rooms Above Grade:
5
Plan:
7540AH
Building Type:
4PLEX
Construction:
Wood, Vinyl
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Vinyl Plank
Heating:
Forced Air-1, Hot Water, Natural Gas
Parking:
See Remarks
Enclosed Parking:
4
Garage:
Yes
Ensuite:
Yes
Off Street Parking, On Street Parking, Hot Water Natural Gas, Vinyl Windows, Infill Property
Data was last updated September 26, 2025 at 11:30 AM (UTC)
Area Statistics
Listings on market:
46
Avg list price:
$459,498
Min list price:
$229,000
Max list price:
$2,200,000
Avg days in system:
32
Min days in system:
1
Max days in system:
163
Avg price per sq.ft.:
$376.9
These statistics are generated based on the current listing's property type
and located in
Zone 08. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on September 26, 2025 at 11:30 AM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.