8
  • Property Type
  • CMHC MLI Multi Family
  • 22
  • Bedrooms
  • 4
  • Garages
  • 2025
  • Year Built

$2,500,000(great deal) Corner Lot Multi-family 4 plex total 9 units

  • $2,500,000

Description

Project just completed. Ready for tenants. Edmonton Inglewood Corner Lot. Total 9 Units: 4 Up +4 down + garage suite. The Upper unit(4) 3 beds, 2.5 bath, single garage. The Basement unit(4) 2 beds, 1 bath. The garage unit 2 beds. Close to Downtown. Great convenient location to public transit and shopping.  Photos are 3D renderings for illustration purposes only. The project qualifies for the CMHC MLI Select program with a minimum 5% down payment.

Projected Financing:

  • Monthly rent: $ 15,200 (9 units)
  • Vacancy rate: 5%
  • EGI: $177,840
  • Total Expenses: 29%
  • Cap rate: 5%
  • NOI: $125,775.00
  • Mortgage loan: $2,367,846.39 @4.25% (as of 2026/05)
  • LTV: 95%
  • Down payment: $125,000
Download Proforma 
Download Floorplan
Download Builder specs
Available: Appraisal report (request by email)

Video

Details

Updated on May 21, 2026 at 9:34 pm
  • Price $2,500,000
  • Bedrooms 22
  • Garages 4
  • Year Built 2025
  • Property Type CMHC MLI Multi Family
  • Property Status For Sale
  • Down payment required $125,000
  • Total number of Units 9
  • Address: 12421 112 Ave, Edmonton,
  • City: Edmonton
  • State/county: Alberta
  • Area: Inglewood
  • Country: Canada

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