$2,525,000 Corner Lot Multi-family 4 plex total 9 units
- $2,525,000
- CMHC MLI Multi Family
- 22
- 4
- 2025
$2,525,000 Corner Lot Multi-family 4 plex total 9 units
- $2,525,000
Description
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. Currently DP stage and estimated completion is Summer 2026. 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: $ 16,100 (9 units)
- Vacancy rate: 5%
- EGI: $183,540
- Total Expenses: 30%
- Cap rate: 5%
- NOI: $128,768.75
- Mortgage loan: $2,404,048.16 @4.30% (as of 2025/08)
- LTV: 95%
- Down payment: $126,250
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Available: Appraisal report (request by email)
Video
Details
Updated on August 30, 2025 at 6:21 pm-
Price $2,525,000
-
Bedrooms 22
-
Garages 4
-
Year Built 2025
-
Property Type CMHC MLI Multi Family
-
Property Status For Sale
-
Down payment required $126,250
-
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
Features
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