About 11323 106 St Nw
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.
MLS #E4446094 - Active - 11323 106 St Nw in Edmonton, AB is a 4PLEX with roughly 5,567 sqft located in the subdivision of Spruce Avenue. Built in 2025, this 4 bedroom and 4 bathroom residential property has a lot size of 0.00 acres. This property is currently listed for $2,200,000. This 4PLEX comes with Forced Air-2, Natural Gas heating. The exterior features include Back Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby. The Interior features include ensuite bathroom. According to statistics, there are currently 5491 listings for sale in Edmonton. The average listing price is $591,232, with the highest listing price being $24,000,000. Enjoy your search for a new home. To request a showing, please contact one of our real estate agents.
Amenities
| Amenities |
Ceiling 9 ft., Detectors Smoke, Exterior Walls- 2"x6", No Animal Home, No Smoking Home, Vinyl Windows
|
| Parking Spaces |
3
|
| Parking |
Parking Pad Cement/Paved
|
| Is Waterfront |
No
|
| Has Pool |
No
|
Interior
| Interior Features |
ensuite bathroom
|
| Appliances |
Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer, See Remarks
|
| Heating |
Forced Air-2, Natural Gas
|
| Fireplace |
No
|
| Stories |
3
|
| Has Basement |
Yes
|
| Basement |
Full,Fully Finished
|
Exterior
| Exterior Features |
Back Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
|
| Roof |
Asphalt Shingles
|
| Construction |
Wood, Vinyl
|
| Foundation |
Concrete Perimeter
|
Listing Details
| Office | Courtesy Of Dustin Beech Of Initia Real Estate |
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