3
  • Property Type
  • CMHC MLI Multi Family

West Edmonton Meadowlark mall 8 plex corner Lot

  • $24,000,000

Description

Best location for investors. $2,400,000.  Location, Location & Location. Edmonton West area. The most popular Meadowlark Park shopping centre. A great multi-family investment portfolio. Total 8 units: 4 up + 4 down. The Upper unit (4): 3 beds, 2.5 baths. The lower unit(4) has 1 bed, 1 bath. Ready to complete by April/May 2027.

Projected Financing:

  • Monthly rent: $ 14,400 (8 units)
  • Vacancy rate: 5%
  • EGI: $164,160
  • Total Expenses: 29%
  • Cap rate: 5%
  • NOI: $117,131
  • Mortgage loan: $2,205,117 @4.25% (as of 2026/09)
  • LTV: 92%
  • Down payment: $192,000(8%)
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Details

Updated on October 14, 2026 at 12:19 am
  • Price $24,000,000
  • Property Type CMHC MLI Multi Family
  • Property Status New Listing
  • Total number of Units 8
  • City: Edmonton
  • State/county: Alberta
  • Area: Lynwood
  • Country: Canada

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