An exceptional opportunity to own a brand-new 4-plex with 8 fully legal suites, each with private, separate entrances—including basement units. This high-performing property offers 20 bedrooms and 16 bathrooms, with projected rental income exceeding $172,800 annually. Inside, each unit features a modern open-concept layout, upgraded finishes, and quality craftsmanship throughout. Located just 15 minutes from downtown, in a sought-after area close to schools, parks, public transit, shopping, and a major mall, this is a rare turnkey investment with strong cash flow and long-term growth potential.
Property Type:
Single Family
Dwelling Type:
Quadruplex
Home Style:
2 Storey
Total Floor Area:
5,760.03 sq. ft.535 m2
Price Per SqFt:
$416.65
Total area above grade.:
5,760 sq. ft.535.12 m2
Secondary Suite:
No
Lot Area:
6,758.44 sq. ft.628 m2
Lot Shape:
Rectangular
Grade Level Entry:
No
Levels:
3
Exposure / Faces:
Northwest
Year built:
2025
(Age: 0)
Bedrooms:
5
(Above Grd: 3)
Bathrooms:
4.0
(Full:3/Half:1)
Total Rooms Above Grade:
6
Plan:
1428NY
Building Type:
4PLEX
Construction:
Wood, Vinyl, Hardie Board Siding
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Carpet, Vinyl Plank
Heating:
Forced Air-2, Natural Gas
Parking:
Single Garage Detached
Garage:
Yes
Ensuite:
Yes
Ceiling 9 ft., Hot Water Natural Gas
Delwood
Playground Nearby, Public Transportation, Schools, Shopping Nearby
Ceiling 9 ft., Hot Water Natural Gas
Playground Nearby, Public Transportation, Schools, Shopping Nearby
Data was last updated August 23, 2025 at 07:30 PM (UTC)
Area Statistics
Listings on market:
115
Avg list price:
$424,900
Min list price:
$200,000
Max list price:
$2,399,900
Avg days in system:
29
Min days in system:
1
Max days in system:
290
Avg price per sq.ft.:
$374.14
These statistics are generated based on the current listing's property type
and located in
Zone 02. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on August 23, 2025 at 07:30 PM (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.