Exceptional investment opportunity in Westwood! This modern corner-lot triplex includes 12303 106 Street, 10518 123 Avenue and 10516 123 Avenue, offering six self-contained living spaces. Each unit features an approximately 1,200 sq. ft. two-storey main residence with 3 bedrooms, 2.5 bathrooms and a bright, open-concept layout, plus an approximately 500 sq. ft. fully legal 1-bedroom basement suite with a separate entrance. Two units will also include a single detached garage. Ideally located within walking distance of NAIT and Kingsway Mall, with convenient LRT access and a short commute to downtown. An excellent opportunity for investors seeking a brand-new, purpose-built multi-family property with strong income potential. Construction is underway, with completion projected for May 2027. If purchased early enough, the buyer may be able to select certain finishes. Photos are architectural renderings; completed units are intended to reflect the designs shown, but final details may vary.
Property Type:
Single Family
Dwelling Type:
Triplex
Home Style:
2 Storey
Total Floor Area:
3,466.01 sq. ft.322 m2
Price Per SqFt:
$519.33
Total area above grade.:
3,466 sq. ft.322 m2
Finished Area Below Grade:
1,528.48 sq. ft.142 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Separate Entrance:
Yes
Lot Area:
4,947.42 sq. ft.460 m2
Grade Level Entry:
Yes
Levels:
3
Exposure / Faces:
East
Year built:
1924
(Age: 102)
Bedrooms:
4
(Above Grd: 3)
Bathrooms:
4.0
(Full:3/Half:1)
Total Rooms Above Grade:
6
Plan:
4600R
Building Type:
Tri-Plex
Construction:
Wood, Vinyl, Hardie Board Siding
Foundation:
Slab
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Carpet, Ceramic Tile, Vinyl Plank
Heating:
Forced Air-1, Natural Gas
Parking:
Single Garage Detached
Garage:
Yes
Ensuite:
Yes
On Street Parking, Closet Organizers, Detectors Smoke, No Animal Home, No Smoking Home, Parking-Extra, Storage-In-Suite, Television Connection, Vinyl Windows
Northwest
Westwood (Edmonton)
Corner Lot, Landscaped, Schools, Shopping Nearby, See Remarks
On Street Parking, Closet Organizers, Detectors Smoke, No Animal Home, No Smoking Home, Parking-Extra, Storage-In-Suite, Television Connection, Vinyl Windows
Corner Lot, Landscaped, Schools, Shopping Nearby, See Remarks
Aerial perspective of a neighborhood featuring mature deciduous and coniferous trees, established residential lots, and a skyline horizon
Photo 25 of 29
Photo 26 of 29
Aerial perspective of an established residential area featuring mature trees, high-density neighborhood greenery, and proximity to regional commercial development and city infrastructure
Aerial perspective featuring established tree canopy, expansive green space, and urban skyline horizon
Courtesy of Marco Urso of The Foundry Real Estate Company Ltd
Data was last updated November 4, 2026 at 07:30 PM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$470,000
Min list price:
$224,900
Max list price:
$1,799,999
Avg days in system:
38
Min days in system:
1
Max days in system:
275
Avg price per sq.ft.:
$326.25
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 Association's MLS® System.
Data last updated on November 4, 2026 at 07:30 PM (UTC).
Copyright 2026 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.