Location, Location & Location. A great multi-family investment portfolio. Total 7 units: 4 upper units (each has 3 beds, 2.5 bath) & 3 legal secondary suites (each has 1 bed, 1 bath). West area on 149 Street. Lots of parking stalls and street parking. Currently at the lockup stage. ready to complete by Spring 2026. The project qualifies for CMHC MLI Select with a 5% down payment.
Property Type:
Single Family
Dwelling Type:
Quadruplex
Home Style:
2 Storey
Cap Rate %:
5.0
Total Floor Area:
4,672.01 sq. ft.434 m2
Price Per SqFt:
$449.49
Total area above grade.:
4,672 sq. ft.434.04 m2
Finished Area Below Grade:
2,127.92 sq. ft.198 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Lot Area:
6,299.58 sq. ft.585 m2
Lot Shape:
Rectangular
Grade Level Entry:
No
Levels:
3
Exposure / Faces:
West
Year built:
2025
(Age: 0)
Bedrooms:
4
(Above Grd: 3)
Bathrooms:
4.0
(Full:3/Half:1)
Total Rooms Above Grade:
5
Plan:
5887HW
Building Type:
4PLEX
Construction:
Wood
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Carpet, Ceramic Tile, Vinyl Plank
Heating:
Forced Air-1, Natural Gas
Parking:
Parking Pad Cement/Paved
Garage:
No
Ensuite:
Yes
9 ft. Basement Ceiling
Grovenor
Playground Nearby, Public Transportation, Schools, Shopping Nearby, See Remarks
9 ft. Basement Ceiling
Playground Nearby, Public Transportation, Schools, Shopping Nearby, See Remarks
ensuite bathroom
See Remarks
None Known
Private
Floor
Type
Size
Other
Main
Living Room
Measurements not available
-
Main
Dining Room
Measurements not available
-
Floor
Ensuite
Pieces
Other
Main
-
2
Upper Level(s)
-
4
Upper Level(s)
-
4
Basement
-
4
Seller Rights Reserved:
No
Zone:
Zone 21
Zoning:
Zone 21
Title to Land:
Fee Simple
Legal Lot:
24
Road Access:
See Remarks
LINC Number:
0016533078
Days On Website:
1 day(s)1 day(s)
Aerial view of residential area
View of property location featuring nearby suburban area and city skyline
Rear view of property featuring french doors and a shingled roof
View of floor plan / room layout
View of room layout
View of floor plan / room layout
Exterior view of brick siding
View of side of property
View of miscellaneous room
Misc room featuring french doors
View of misc room
View of misc room
Misc room featuring healthy amount of natural light
Data was last updated December 14, 2025 at 05:30 PM (UTC)
Area Statistics
Listings on market:
57
Avg list price:
$475,000
Min list price:
$298,888
Max list price:
$2,200,000
Avg days in system:
52
Min days in system:
1
Max days in system:
578
Avg price per sq.ft.:
$398.15
These statistics are generated based on the current listing's property type
and located in
Zone 21. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on December 14, 2025 at 05:30 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.