Courtesy of Dustin Beech of Initia Real Estate
11323 106 ST
Edmonton
T5G 2P6
$2,200,000
Single Family
beds: 4
baths: 3.0
5,567 sq. ft.
built: 2025
- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- E4446094
- Bedrooms:
- 4
- Bathrooms:
- 3
- Year Built:
- 2025
- Photos (9)
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Brand new 4-plex with 8 fully legal units in central Edmonton! Each main unit features 3 bedrooms, 2.5 baths, and 1,395 sq ft, plus a fully self-contained 1 bedroom, 1 bath basement suite (686 sq ft) with separate entrance and in-suite laundry. Modern finishes throughout, separate utility meters, and parking included. Projected gross rent of $163,200/year with 5–6% cap rate potential. Ideally located near NAIT, Royal Alexandra Hospital, downtown, and major transit routes. No rent control, low property taxes, and a strong rental market make this a perfect turnkey investment. Future condo title potential. A rare opportunity for cash-flow-focused buyers in one of Canada’s most landlord-friendly markets.
- Property Type:
- Single Family
- Dwelling Type:
- Quadruplex
- Home Style:
- 2 Storey
- Total Floor Area:
- 5,566.6 sq. ft.
- Price Per SqFt:
- $395.21
- Total area below main level.:
- 684.38 sq. ft.
- Total area above grade.:
- 5,567 sq. ft.
- Secondary Suite:
- Yes
- 2nd Suite Permit By Seller:
- Yes
- Separate Entrance:
- Yes
- Taxes:
- Signup
- Lot Area:
- 6,520.67 sq. ft.
- Lot Shape:
- Rectangular
- Grade Level Entry:
- Yes
- Levels:
- 3
- Exposure / Faces:
- East
- Year built:
- 2025 (Age: 0)
- Bedrooms:
- 4 (Above Grd: 3)
- Bathrooms:
- 3.0 (Full:3/Half:1)
- Total Rooms Above Grade:
- 3
- Plan:
- 686HW
- Building Type:
- 4PLEX
- Construction:
- Wood, Vinyl
- Foundation:
- Concrete Perimeter
- Basement:
- Full, Finished
- Basement Development:
- Fully Finished
- Roof:
- Asphalt Shingles
- Floor Finish:
- Carpet, Vinyl Plank
- Heating:
- Forced Air-2, Natural Gas
- Parking:
- Parking Pad Cement/Paved
- Total Parking Spaces:
- 3
- Garage:
- No
- Ensuite:
- Yes
- Garage Suite:
- No
- Garden Suite:
- No
- Ceiling 9 ft., Detectors Smoke, Exterior Walls- 2"x6", No Animal Home, No Smoking Home, Vinyl Windows
- Spruce Avenue
- Back Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
- Ceiling 9 ft., Detectors Smoke, Exterior Walls- 2"x6", No Animal Home, No Smoking Home, Vinyl Windows
- Back Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
- ensuite bathroom
- Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer, See Remarks
- None Known
- Private
- Floor
- Ensuite
- Pieces
- Other
- Upper Level(s)
- -
- 4
- Upper Level(s)
- -
- 4
- Main
- -
- 2
- Lower Level(s)
- -
- 4
- School Bus:
- Yes
- Zone:
- Zone 08
- Zoning:
- Zone 08
- Title to Land:
- Fee Simple
- Legal Lot:
- 6
- Road Access:
- Paved
- LINC Number:
- 0013408323
- Days On Website:
- 1 day(s)
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Data was last updated July 6, 2025 at 05:30 AM (UTC)
Area Statistics
- Listings on market:
- 35
- Avg list price:
- $445,000
- Min list price:
- $239,000
- Max list price:
- $759,900
- Avg days on market:
- 43
- Min days on market:
- 2
- Max days on market:
- 160
- Avg price per sq.ft.:
- $383.5
These statistics are generated based on the current listing's property type
and located in
Zone 08. Average values are
derived using median calculations.
- GREG STEELE
- RE/MAX EXCELLENCE (EDMONTON)
- (780) 444-GREG (4734)
- greg@gregsteele.ca
201, 5607 - 199 Street NW
Edmonton, Alberta T6M 0M8