$2,500,000(great deal) Corner Lot Multi-family 4 plex total 9 units
- $2,500,000
- CMHC MLI Multi Family
- 22
- 4
- 2025
$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
Open on Google Maps-
Address: 12421 112 Ave, Edmonton,
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City: Edmonton
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State/county: Alberta
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Area: Inglewood
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Country: Canada
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