6
  • Property Type
  • CMHC MLI Multi Family
  • 18
  • Garages
  • 2027
  • Year Built

High efficiency 24 townhouses facing park near Edmonton downtown

  • $7,720,000

Description

Exceptional investment opportunity in Edmonton’s visionary Blatchford community! This rare 24-unit townhouse project offers a premium collection of large, modern townhomes, each designed with the highly desirable convenience of a double attached garage. Located in one of Edmonton’s most exciting master-planned communities, Blatchford is being developed with strong City of Edmonton support as a forward-thinking, sustainable urban community with future parks, green spaces, walkable amenities, active transportation connections, and planned LRT access. When fully developed, Blatchford is expected to include over 80 acres of parks and green space, two LRT stations, local retail, public plazas, and a vibrant mixed-use town centre.

Perfectly positioned next to a park, this 24-unit offering combines location, scale, and long-term rental appeal. Investors will appreciate the strong fundamentals: a central Edmonton location, growing community momentum, family-friendly townhouse layouts, large unit sizes, double garages, and proximity to green space. Blatchford continues to attract attention as one of Edmonton’s most unique redevelopment communities, transforming the former City Centre Airport lands into a sustainable, high-density neighbourhood designed for long-term growth.

A rare chance to secure a multi-unit townhouse asset in a community built for the future. Ideal for investors seeking long-term appreciation, rental demand, and exposure to one of Edmonton’s most supported urban redevelopment projects.

 

Projected Financing:

  • Annual rent: $594, 000 (24 units)
  • Vacancy rate: 5%
  • EGI: $564,300
  • Total Expenses: 28%
  • Cap rate: 5%
  • NOI: $406,303
  • Mortgage loan: $7,339,370 @4.5% (as of 2026/06)
  • Down payment: 5%
Download Proforma 
Download Floorplan

Details

Updated on June 13, 2026 at 10:01 pm
  • Price $7,720,000
  • Garages 18
  • Year Built 2027
  • Property Type CMHC MLI Multi Family
  • Property Status For Sale
  • Down payment required 386000
  • Total number of Units 24
  • City: Edmonton
  • State/county: Alberta
  • Area: Blatchford
  • Country: Canada

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