Edmonton 29 Units new built apartment – CMHC mortgage transfer/assume – video
- $5,990,000
Edmonton 29 Units new built apartment – CMHC mortgage transfer/assume – video
- $5,990,000
Description
New 29-unit multifamily(apartment) project designed for affordable, stable tenancy. About 67% of units rent below $1,100/month—well under Edmonton’s 2024 average of $1,300 for one-bedrooms—offering strong occupancy potential. Prime location within a 5-minute walk to the future LRT station, with schools and shopping nearby. An excellent opportunity to secure a modern, low-maintenance investment property in a growing Edmonton area. Great benefit – Buyer to assume already “approved” 3.75% (low rate) CMHC MLI Select mortgage and saved about 2.5% ($135,000) additional (new) CMHC premium fee. Contact for more details. Photos are virtual renderings. Exterior siding might be different. Schedule complete by the end of 2026. Buyer to assume $5.13m CMHC MLI mortgage + $859k cash to close.
Video
Details
Updated on December 22, 2025 at 6:14 pm-
Property ID #43968143
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Price $5,990,000
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Year Built 2026
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Property Type Apartment, CMHC MLI Multi Family
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Property Status New Listing
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Down payment required 859,000
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Total number of Units 29
Address
Open on Google Maps-
Address: 10121 155 St NW, Edmonton, AB
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City: Edmonton
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State/county: Alberta
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Area: Jasper Place
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Country: Canada
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