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Courtesy of Dustin Beech of Initia Real Estate

11323 106 ST
Zone 08 Edmonton T5G 2P6

$2,200,000
Single Family beds: 4 baths: 3.0 5,567 sq. ft. built: 2025

Main Photo: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
Photo 1: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
Photo 2: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
Photo 3: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
Photo 4: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
Photo 5: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
Photo 6: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
Photo 7: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
Photo 8: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
Photo 9: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
Status:
Active
Prop. Type:
Single Family
MLS® Num:
E4446094
Bedrooms:
4
Bathrooms:
3
Year Built:
2025
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.
Property Type:
Single Family
Dwelling Type:
Quadruplex
Home Style:
2 Storey
Total Floor Area:
5,566.6 sq. ft.
Price Per SqFt:
$395.21
Total area below main level.:
684.38 sq. ft.
Total area above grade.:
5,567 sq. ft.
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Separate Entrance:
Yes
Lot Area:
6,520.67 sq. ft.
Lot Shape:
Rectangular
Grade Level Entry:
Yes
Levels:
3
Exposure / Faces:
East
Year built:
2025 (Age: 0)
Bedrooms:
4 (Above Grd: 3)
Bathrooms:
3.0 (Full:3/Half:1)
Total Rooms Above Grade:
3
Plan:
686HW
Building Type:
4PLEX
Construction:
Wood, Vinyl
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:
Parking Pad Cement/Paved
Total Parking Spaces:
3
Garage:
No
Ensuite:
Yes
Garage Suite:
No
Garden Suite:
No
Ceiling 9 ft., Detectors Smoke, Exterior Walls- 2"x6", No Animal Home, No Smoking Home, Vinyl Windows
Spruce Avenue
Back Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Ceiling 9 ft., Detectors Smoke, Exterior Walls- 2"x6", No Animal Home, No Smoking Home, Vinyl Windows
Back Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
ensuite bathroom
Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer, See Remarks
None Known
Private
Floor
Ensuite
Pieces
Other
Upper Level(s)
-
4
Upper Level(s)
-
4
Main
-
2
Lower Level(s)
-
4
Seller Rights Reserved:
No
School Bus:
Yes
Zone:
Zone 08
Zoning:
Zone 08
Title to Land:
Fee Simple
Legal Lot:
6
Road Access:
Paved
LINC Number:
0013408323
Days On Website:
1 day(s)
  • Photo 1: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
    Photo 1 of 9
  • Photo 2: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
    Photo 2 of 9
  • Photo 3: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
    Photo 3 of 9
  • Photo 4: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
    Photo 4 of 9
  • Photo 5: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
    Photo 5 of 9
  • Photo 6: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
    Photo 6 of 9
  • Photo 7: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
    Photo 7 of 9
  • Photo 8: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
    Photo 8 of 9
  • Photo 9: MLS E4446094 - 11323 106 ST, Edmonton - for sale in Spruce Avenue
    Photo 9 of 9
Data was last updated July 6, 2025 at 05:30 AM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$445,000
Min list price:
$239,000
Max list price:
$759,900
Avg days on market:
43
Min days on market:
2
Max days on market:
160
Avg price per sq.ft.:
$383.5
These statistics are generated based on the current listing's property type and located in Zone 08. Average values are derived using median calculations.
Jason Hafso
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.